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  "documentTitle": "Homeowner availability study",
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      "text": "Reinsurance Costs: Most carriers anticipate reinsurance premiums to materially increase in 2023 (across all states and lines). This will impact premiums charged for Colorado Homeowners policies but will generally not impact carriers' appetite to write these policies.",
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      "text": "Underwriting Appetite: In general, carriers report not actively attempting to shrink the volume of homeowners business written in Colorado. However, some carriers have new business restrictions and non-renewal strategies that are impacting properties with the highest level of wildfire risk.",
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      "text": "Pricing Sophistication: Some carriers report revamping their pricing strategies due to recent Colorado wildfire activity; some do not. Some of these efforts were already underway due to wildfire activity in other states. Wildfire is increasingly being filed as a separate peril, leading to the ability to apply discounts and surcharges specifically based on the home's wildfire risk characteristics.",
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      "text": "Mitigation Measures: Carriers are increasingly considering wildfire mitigation measures (such as clearing of combustible materials near homes and using fire-resistant building materials) in underwriting decisions. Focus on these items will likely make it easier for customers to find insurance coverage and will also increase the likelihood of a more favorable outcome in the event of a wildfire.",
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      "text": "Use of Wildfire Scores: Wildfire risk scores are widely used to inform decisions regarding eligibility, premium rating, non-renewals, and/or loss mitigation requirements.",
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      "text": "KEY TAKEAWAYS FROM INDUSTRY SURVEY – UNDERWRITING AND PRICING",
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