Restoring access to affordable insurance in disaster-prone regions through innovation, prevention, and purpose.
Our Purpose
We exist to solve the insurance crisis facing homeowners in high-risk areas
By reducing loss frequency and severity, we make catastrophe insurance both possible and affordable again through data, technology, and a commitment to public good
Why We're Doing It
Climate change is fundamentally reshaping where and how we live. In California, an increasingly arid landscape is fueling record-setting wildfires. Insurers are experiencing larger and more frequent catastrophic losses, but are unable to adjust rates in-line with risk due to regulatory lag and government inaction. As a result, carriers are retreating from the market entirely, leaving families with two bad choices: the insurer of last resort or no insurance at all.Premiums are skyrocketing. Coverage is disappearing. And in time, insurance may become so cost-prohibitive that it threatens the stability of entire communities and real estate market mechanics. We’re working to reverse that trajectory.
What We Believe
Everyone deserves protection: Insurance should never compromise a family's ability to own or keep their home.
The risk is real and growing: Climate change is driving more frequent and severe catastrophes, and the market isn’t ready.
The system is failing: As insurers retreat and costs rise, regulators have yet to deliver solutions, forcing homeowners to fend for themselves.
Preparation unlocks access: Smarter construction, transparent risk data, and AI tools make homes more insurable and bring carriers back.
Fair risk should mean fair cost: Homeowners who invest in protecting their property deserve access to affordable coverage.
What We Do
AACI Group is building a new approach to catastrophe insurance combining digital intelligence, proven physical protection, and collaboration with forward-thinking carriers.We're starting in California, where options are shrinking. Our companies include:
Pine View Insurance Group, helping people secure property coverage in hard-to-insure areas.
FireFoil, our loss prevention solution that protects homes with proven, underutilized technology.
Digital services like Wildfire Action Plan, offering AI-powered guidance to help homeowners prepare and qualify for coverage.
Who We Serve
We serve homeowners navigating rising climate risks and shrinking insurance options. If your coverage has been dropped, you’re priced out, or you’re facing wildfire or storm threats, we’re building practical, affordable solutions for you.
Our Commitment
AACI Group exists to close the protection gap. We bring real solutions to real risk, and we’re committed to helping homeowners remain insurable, secure, and empowered.
The Case for Change
Climate-driven disasters are accelerating while traditional insurers retreat
The market is failing homeowners so we’re out to prove that prevention, innovation, and smarter risk management can reverse this trend and restore access to coverage
Key Statistics - Numbers Behind the Crisis
The data is clear: climate-driven disasters and a retreating insurance market are creating a perfect storm for homeowners in high-risk areas. Rising premiums, shrinking coverage, and growing underinsurance are leaving millions vulnerable.
1 in 3 Californians (14M total) live in the 7M acre Wildland-Urban Interface (WUI) zone (CalMatters)
From 1985 to 2013, ~80% of buildings destroyed by wildfires in California were located in the WUI (International Journal of Wildland Fire)
The number of active admitted insurers in the California homeowners market has dropped from 150 in 2018 to 97 in 2024, a 35% contraction (Moody's)
Five major insurers (State Farm, Allstate, Farmers, The Hartford, and CSAA) have collectively reduced policy issuance by >25% since 2021 (Reuters)
Payouts on wildfire claims are projected to hit $14B by 2026, but only $9B is reserved, creating a $5B gap (Reuters)
Reinsurance costs for wildfire coverage have tripled from 2017 to 2024, adding $600M annually to insurer overheads in California (Willkie)
Between 2017 and 2021, California’s wildfires caused an average annual fiscal loss of approximately $5.0B and total economic loss of $117.4B (Moore)
A class-action lawsuit filed in 2025 alleges 25 insurers colluded to push homeowners into the FAIR Plan, impacting over 200,000 policies (Associated Press)
California Assembly Bill 226 (2025) authorizes $2B in bonds but lacks accountability measures for home hardening (Kennedy's)
Current discounts for home hardening efforts are too small to warrant the investment by the homeowner (Politico)
Loss ratios for homes retrofitted with fire-resistant features are substantially lower by up to 40%, according to NAIC analysis on wildfire mitigation benefits (National Association of Insurance Commissioners)
Key Publications - Evidence and Expert Voices
A growing body of research and reporting underscores the severity of the insurance crisis in disaster-prone regions. From government agencies to leading think tanks and media outlets, these publications provide credible evidence of the existing challenges, and possible solutions.
Reports
Fair Plan Key Statistics & Data (California Fair Plan)
State of Home Insurance: 2025 (LendingTree)
Rethinking Prop 103's Approach to Insurance Regulation (International Center for Law & Economics)
Application of Wildfire Mitigation to Insured Property Exposure (National Association of Insurance Commissioners)
Wildfires and Insurance: Emerging Issues (California State Senate)
Studies
Insurance Availability and Affordability under Increasing Wildfire Risk in California (Resources for the Future)
California homeowners insurance: Current state of the market and implications of the Los Angeles wildfires (Milliman)
Addressing the insurance gap and the hidden risks for California homeowners in wildfire-prone areas (Moody's)
California FAIR Plan: Implications for Insurers From Los Angeles Wildfires (Willkie)
Mandated vs. Voluntary Adaptation to Natural Disasters: The Case of US Wildfires (National Bureau of Economic Research)
Post-wildfire rebuilding and new development in California indicates minimal adaptation to fire risk (Land Use Policy)
Articles
FAIR Plan jumps 42% as insurers retreat from California market - report (Insurance Business Magazine)
Homeowners insurance is taking a big bite out of household incomes in the Mountain West. And a new analysis shows it could be getting worse (NPR)
Wildfire risk jumps in frequency and severity: Allianz report Insurance Business Magazine
Wildfire season now a year-round risk for insurers, says Gallagher Re (Insurance Business Magazine)
Wildfires: the drivers putting people and assets at risk (The Epicenter)
Lawsuits accuse insurers of colluding to drop coverage in fire-prone parts of California (Associated Press)
The LA County fires devastated homes in the WUI. (CalMatters)
LA fires could drastically drive up insurance premiums — and test California’s new market rules (CalMatters)
350K Californians are now on the FAIR Plan, the last resort for fire insurance. Now what? (CalMatters)
About Us
Driving change in insurance and disaster preparedness
AACI is reimagining insurance markets for catastrophe-prone regions, blending market expertise with practical solutions that reduce risk, drive resilience, and create lasting access to affordable coverage.
Who We Are
Insurance markets are collapsing in high-risk areas, leaving families vulnerable and unprotected. Our team combines decades of expertise in property and casualty insurance, catastrophe modeling, climate risk, and loss prevention. We understand both the structural challenges facing insurers and the urgent needs of homeowners.AACI Group was built to bridge this gap. By blending technology, prevention products, and fresh approaches to coverage, we create solutions that work for both homeowners and insurers.
Our Companies
AACI Group operates a growing portfolio of companies and services, each designed to address a different piece of the insurance challenge:
Pine View Insurance Group: A boutique agency serving high net worth homeowners in catastrophe-prone regions, providing tailored property and casualty coverage.
FireFoil: A patented aluminum wrap that shields homes from extreme wildfire heat and embers, reducing the risk of catastrophic loss.
Wildfire Action Plan (Coming Soon): A digital tool to help homeowners build personalized wildfire preparedness and evacuation plans.
Our Team
Behind AACI Group is a team of professionals who believe insurance should not be a luxury. We bring together expertise from insurance, engineering, data science, and disaster preparedness to create solutions that don’t just manage risk but help eliminate it.
Mike Lloyd, Founder
Mike is a serial entrepreneur and insurance innovator, co-founded Corvus Insurance before its acquisition by Travelers. With AACI Group, he’s reimagining insurance for disaster-prone regions by combining prevention, technology, and market expertise to make coverage both accessible and resilient.
Trevor Shanklin, Operations
Trevor Shanklin is an operator with experience scaling ventures in insurance, real estate and technology. He's led functions at Flexport, Opendoor, and Compass working in highly regulated markets. At AACI Group, he works to build new solutions to connect insurers with California residents.
Why We're Different
While traditional insurance companies are retreating, we’re building a model that emphasizes prevention and resilience. By reducing the frequency and severity of losses, we make it financially viable for insurers to re-enter catastrophe-prone markets and affordable for homeowners to maintain coverage.
Contact Us
Let's build a future where insurance remains accessible in the face of growing risks
Whether you’re a homeowner, carrier, or investor, AACI Group is here to collaborate on solutions that work for everyone