Insurers say they’re starting to write new California homeowner policies, but how many?
Insurance companies are beginning to offer new homeowner policies in California after previously limiting coverage due to wildfire risks. The state Insurance Department attributes this shift to new regulations implemented by Commissioner Ricardo Lara. The department is highlighting these developments as evidence that its availability-boosting measures are working.
Insurance companies are starting to write new policies in California again after years of holding back as wildfire risk climbed higher. The state Insurance Department says that means outgoing Commissioner Ricardo Lara’s new regulations, intended to boost insurance availability, are working. Each time a company declares its plans to sell policies again, the department touts […]
READ NEXT
More on the wire
FROM THE PUBLISHER
LGBTQ businesses and nonprofits raise concerns of an increase in unfair social media censorship Leather bars have a bone to pick with Meta’s moderation machine
FROM THE PUBLISHER
Readers of the Los Angeles Times give their thoughts on the Chargers, Rams, Lakers, Dodgers and high school sports among other things.
FROM THE PUBLISHER
El Niño could unleash major storms and flooding. It also could bring precious water to drought-afflicted California.