Source: Property and Environment Research Center
by Andrew P Morriss
“Prescribed burning is a vital land management practice that reduces wildfire risk and enhances ecosystem health. However, liability concerns, soaring insurance costs, and outdated legal frameworks severely limit its use across the United States. This policy brief proposes the creation of risk retention groups as an innovative solution to simultaneously address three critical needs: compensating parties harmed by escaped burns, encouraging safer burning practices, and promoting continuous improvement in prescribed fire techniques through data collection and analysis. By aligning financial incentives with safety improvements, risk retention groups offer a market-based path to expand prescribed burning while better protecting all stakeholders.” (08/27/25)
https://www.perc.org/2025/08/27/fighting-fire-with-finance-2/