Insurance Journal:

By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is set to pay out a sixth of his losses.
He is now considering widening his coverage in the future to include fire insurance for his business.

Kaisel is the kind of customer making insurers rethink their approach to climate change so they can sell policies without incurring too much risk.
“I’m already accustomed to drought, but in the past year I learned first-hand the consequences of both record rainfall and wildfire,” Kaisel said. “I’ll certainly consider insuring against environmental risks when my cash flow permits.”
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