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Spokane Wildfire Shakes Insurance Market | Boise News
A devastating wildfire in Spokane, Washington, has destroyed 700 homes and displaced 60,000 people, sending shockwaves through the state’s fragile property insurance market. Once seen as a relative haven from rising premiums and coverage cuts, Washington now faces mounting pressure as insurers reassess wildfire risk—especially after this record-breaking blaze. With consumer advocates warning of potential rate hikes and stricter policies modeled on California’s experience, regulators are scrambling to gather data and respond. The state is already offering emergency aid to affected homeowners…
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