Tag archives: fire insurance
California Insurance Commissioner Ricardo Lara announces new regulations to improve wildfire safety and drive down cost of insurance. Under the proposed regulations, which could be in effect by this summer, insurance companies would be required to factor consumers’ and businesses’ wildfire safety actions into their pricing of residential and commercial coverage. The new regulations also […]
Revelations From the California Insurance Commissioner’s Marathon Virtual Hearing The good news from the pandemic: the state has learned how to do Zoom. We no longer have to trek to Sacramento to work with state officials; we can now do it from our living rooms. Direct democracy in action! We met Insurance Commissioner Ricardo Lara last […]
Later this month, the California Assembly Insurance Committee will hear Assembly Bill 2367 (AB2367), which was introduced on February 18 by Assembly Members Monique Limon from Santa Barbara County and Lorena Gonzalez from San Diego County. The bill would, in part, create a Wildfire Resilience Task Force, which would include the Insurance Commissioner, the Director […]
