business
Mercury Insurance invests in BurnBot for wildfire mitigation
Key takeaways
- The insurer, which was established in 1962, said the investment is part of a wider strategy to reduce wildfire risk, strengthen community resilience and support long-term insurance availability.
- The collaboration will begin in California, where BurnBot is already undertaking mitigation work, and may expand later depending on outcomes and operational learnings.
- Mercury Insurance president and COO Victor Joseph said: “Wildfire risk is a major concern for many communities and addressing it requires more than traditional approaches.
Mercury Insurance invests in Burn Bot for wildfire mitigation Shubhendu Vimal Wed, May 13, 2026 at 5:54 PM GMT+7 2 min read US-based Mercury Insurance has made an investment in Burn Bot to back wildfire mitigation and support insurance affordability and availability in wildfire-prone areas, particularly in California.
The insurer, which was established in 1962, said the investment is part of a wider strategy to reduce wildfire risk, strengthen community resilience and support long-term insurance availability.
The collaboration will begin in California, where BurnBot is already undertaking mitigation work, and may expand later depending on outcomes and operational learnings.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop