Comment by danans

> Risks and losses cannot be extinguished, they can only be transferred to others.

At least for risks like wildfires, we can reduce future risk by rebuilding homes using wildfire resistant techniques and materials.

The problem in LA (exacerbated by the climate-change driven conditions) was that most of the burned neighborhoods were built adjacent to fire prone wildlands during an era when homes were built like matchboxes, almost designed to burn. Add the hurricane strength wind, and each building became a blowtorch.

Fiber cement siding, minimal eaves, and metal roofs are straightforward ways to reduce wildfire contagion risk of buildings. There have been numerous experiments done to demonstrate how effective this approach is at significantly reducing combustibility of buildings.

Cutting back trees near houses to create defensible space is also pretty straightforward.