‘It’s a massive cleanup effort’: FAIR Plan’s wildfire surge sparks industry-wide alarm

‘Two years to do cleanup, only 20% of the homes are rebuilt right now’

“The main driver of underinsurance is inflation, the surge in cost of materials, the surge in cost of labor to rebuild,” Norwood said. He described how these economic pressures have intersected with natural disasters to create long-lasting impacts, pointing to the aftermath of the 2018 Camp Fire in Paradise, Calif.