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.
READ NEXT
More on the wire
AI TLDR
The Friends & Family Flea market is launching today in Koreatown, featuring 24 vendors with local ties.
AI TLDR
A new app functions like a Shazam for birdsong, allowing users to identify the birds singing in their local area.
AI TLDR
LA County libraries and community centers are displaying works from the Golden State Mutual collection, featuring artists like Richard Wyatt and Charles White.