SACRAMENTO, Calif. — Insurance claims from California’s deadly November 2018 wildfires have topped $11.4 billion, making the series of fires some of the most expensive in state history, officials said Monday.
The latest tally adds to growing concerns about the future availability of home insurance in wildfire-prone areas.
More than $8 billion of the November 2018 losses stem from the fire that leveled the town of Paradise, killing 86 people and destroying roughly 15,000 homes. The other $3 billion in losses are from two Southern California wildfires that ignited the same week.
The numbers were expected to rise, though not dramatically, state Insurance Commissioner Ricardo Lara said. So far, total damage for 2018 wildfires is close to $12.4 billion.
“These are massive numbers for us,” Lara said.
California’s wildfires are increasingly destructive and the fire season is stretching longer due to climate change. A series of 2017 wildfires in Northern California’s wine country and in parts of Southern California became the state’s most expensive in history at $11.8 billion.
LEED needs to put a high value on building resilient to help defend our insurance and government loss because net zero has no value when we are losing thousands of homes to disasters.
The goal of LEED v4.1 is to make the rating system more accessible to more projects based on lessons learned from LEED v4 project teams. This newest beta version updates performance thresholds and referenced standards to ensure LEED remains the global leadership standard for green buildings and continues to expand the marketplace for LEED. The changes also advocate for improved performance throughout the life of buildings, rewards leaders based on their performance and incorporates performance reporting to enable building owners to track progress towards environmental, social and governance goals. Currently, there are more than 96,200 commercial projects participating in LEED in 167 countries and territories.
“LEED v4.1 is aimed at addressing the challenges projects face as they pursue their sustainability goals,” said Melissa Baker, senior vice president, USGBC. BD+C updates referenced standards to encourage leadership and responds to market feedback. ID+C updates mirror BD+C while also focusing on the realities projects experience as they interact with their base building.”
“As the global green building market has evolved, we must evolve with it,” added Ramanujam. “The heart of the green building community’s efforts must go well beyond construction and efficiency, and the materials that make up our buildings. We must dig deeper and focus on what matters most within those buildings: human beings. And this is what LEED v4.1 strives for. The standard we are most committed to raising is that of the quality of life itself—for every member of this community, and in populations spanning every corner of the planet.”
Focused on implementation, LEED v4.1 is an accessible, user-friendly and agile tool. To participate, users can register using LEED Online, review the LEED v4.1 Beta Guide and download the LEED v4.1 rating system. The latest education videos and live online webinars featuring USGBC subject matter experts are also available. USGBC staff will be available to meet in person at any of the 2019 Greenbuild and regional events.
The impact of buildings, cities and communities on people continues to be a priority for USGBC and across industries. Through LEED v4.1 USGBC is expanding its green building efforts to ensure LEED is not only the de facto leadership standard, but also the pre-eminent living standard. To tell those stories USGBC launched the Living Standard campaign to capture how USGBC, LEED and other sustainability programs are raising the quality of life for people around the world. By visiting livingstandard.org, individuals and companies can join the campaign and submit their stories.