How Do We Stay Ahead of the Flames? Wildfire Mitigation, Utility Financial Stability, and Protecting Customers
Andrew Dressel is a panelist during the session titled “How Do We Stay Ahead of the Flames? Wildfire Mitigation, Utility Financial Stability, and Protecting Customers” discussing:
Integrated approaches for assessing the dynamic and extreme weather and wildfire risks to the electric grid are needed now more than ever. But for many states and utilities, this remains unchartered territory with no clear path. Planning for a resilient system and determining appropriate levels of insurance continues to be a complex topic for both utilities and regulators as they navigate shrinking coverage limits, higher premiums, and increasing exclusions. This panel will convene experts to explore the various insurance frameworks currently used by utilities, as well as the most-utilized coverages. Participants will also examine typical insurance-reinsurance structures, the unique challenges posed by wildfires, and alternative approaches through capital market innovations to ensure adequate levels of coverage, while maintaining customer affordability.
Moderator: Hon. John Hammond, Idaho
Panelists:
Amy Shaw, Vice President of Finance, Compliance, and Risk, Idaho Power
Robert LeMoine, Director, Risk Management Insurance and Analytics, Southern California Edison
David Springe, Executive Director, National Association of State Utility Consumer Advocates
For more information on this event, click here.
