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# What We're Reading
- URL: https://bevnews.net/what-were-reading-51/
- Published: 2023-03-17T05:40:29.000Z
- Updated: 2023-03-17T05:40:28.000Z
- Author: Joel Whitaker

### [“Anxiety Purgatory”: Winery Owners on the Aftermath of Silicon Valley Bank’s Collapse](https://www.winemag.com/2023/03/15/silicon-valley-bank-winery-owners/?utm%5Fsource=AfternoonBrief&utm%5Fmedium=newsletter)

SVB lent $1.4 billion to 400 wine clients, most of whom produce less than 5,000 cases a year. (Beverage Industry Enthusiast)

### [Napa Valley wineries, seeking insurance relief, show steps to lessen wildfire risks](https://napavalleyregister.com/news/local/napa-valley-wineries-demonstrate-fire-mitigation-to-insurance-intermediaries-in-a-plea-for-lower-premiums/article%5Fd8a7128c-c2b1-11ed-9397-e3e9434ffca5.html?utm%5Fsource=AfternoonBrief&utm%5Fmedium=newsletter)

In 2017, Chappellet Winery spent $200,000 for $80 million in insurance coverage. After the North Bay wildfires of October 2017, its premium rose to $250,000 for $50 million in coverage. Now, in the aftermath of the 2020 Napa County wildfires that ravaged the Napa Valley, the winery pays $1.2 million for just $25 million of protection. (Napa Valley Register)

### [WineVit showcases important WSU student and faculty wine science research](https://wineindustrynetwork.us5.list-manage.com/track/click?u=4514823c73394431c2c9a58f3&id=9a27eb5a34&e=7777b7c20a&ref=bevnews.net)

WSU research representation was strong at the recent WineVit conference (Morning Ag Clips)