As lawmakers scramble to reform homeowners’ insurance regulations, a new study examines how insurers are pricing wildfire risk — and how different strategies can significantly impact premiums.The post Researchers reveal a hidden factor in California’s insurance crisis: The ‘winner’s curse’ appeared first on Berkeley News.

https://news.berkeley.edu/2024/07/18/researchers-reveal-a-hidden-factor-in-californias-insurance-crisis-the-winners-curse/

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