Will Southern California's wildfires drive up Arizona homeowners insurance rates?

Insurance loss had been a growing issue, says a W. P. Carey real estate expert.

In this story published Jan. 30, 2025, in The Arizona Republic:

Many of us have been feeling the losses of insurers during the past few years, but it was brought smack in our faces with the Los Angeles fires. It's a growing issue, particularly for homeowners.

– Mark Stapp, director of the Center for Real Estate Development and Fred E. Taylor Professorship in Real Estate