November 17th, 2021
9:00 AM - 10:30 AM PT
Mortgaged assets, business loans, and lines of credit require insurance protection. The expanding fire season and intense destruction of complex fires has affected all players – winery owners, brokers, insurers, lenders, governments, and land owners, etc. While there are some ways to prepare for worst-case wildfire scenarios, the recent blazes - Tubbs, Nuns, Atlas, Glass - caused fire insurance premiums to skyrocket and insurers to leave the market. Borrowers and financial institutions face difficult conversations as some carriers that covered wineries have withdrawn from the market while others may be limiting the number of wineries they will cover.
Join us for a panel of industry experts and government representatives that will discuss a holistic approach to the problem, and outline the conversations happening regionally and state-wide. Key concepts in the discussion will include:
- Loan compliance
- Solutions are one size fits one
- Liability in catastrophe
- Legislative fixes
- Insurance solutions and recommendations
Moderator
Speakers
Marc Levine
Assemblyman
California's 10th Assembly District
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Michael Miiller
Director of Government Relations
California Association of Winegrape Growers
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Mike Ryan
Commercial Insurance Broker
InterWest
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Jed Taborski
Head of Wine Division
Silicon Valley Bank
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EVENT DETAILS
Attendance is complimentary
Event questions? Please contact Margaret Poza at mpoza@fbm.com.