Moral hazard and adverse selection are both terms used in economics, risk management, and insurance to describe situations where one party is at a disadvantage to another.

According to ABC News, "very high fire hazard" zones in Southern California have expanded by 26% since 2011, increasing from 646,838 acres to 817,212 acres. State Fire Marshall Daniel Berlant told ...

A recent executive order by California Gov. Gavin Newsom aims to ramp up fire safety in urban areas as new maps released by the state show more than 1 million acres are at a higher risk of wildfires.

The department identifies the word hazard as the conditions that could cause wildfire like weather or topography, vs. risk, meaning the likelihood of a wildfire happening and its potential damage.

Santa Rosa’s “very high” hazard acreage decreased from 1,644 acres to 475 acres, though 3,081 are now designated “high” hazard. Cotati, Petaluma, Rohnert Park and Sebastopol saw no increase.

Oregon homeowners who live in certain high-risk wildfire areas defined by the state must now meet new building codes and reduce vegetation around their homes under new “wildfire hazard maps ...