Wildfires
Commissioner Lara Proposes Minimal Oversight, Secrecy of Black-Box Wildfire Insurance Models
Proposed Regulation Will Raise Rates but Will Not Stop Home Insurance Companies’ Market Boycott, Says Consumer Watchdog
Los Angeles, CA – Insurance Commissioner Ricardo Lara’s proposal to let insurance companies use...
The Press Democrat – Homeowners in Areas of High Fire Risk Hit with Sudden Policy Cancellations
By Marisa Endicott, THE PRESS DEMOCRAT
https://www.pressdemocrat.com/article/news/endicott-homeowners-in-areas-of-high-fire-risk-hit-with-sudden-policy-canc/
Last year, JoAnna Price of Napa returned from vacation to a letter stating that her insurer, Safeco, would not be renewing her home insurance...
Associated Press – Fire-stricken Rural New Mexico Warily Eyes Insurance Fight
By Susan Montoya Bryan, ASSOCIATED PRESS
October 24, 2022
https://apnews.com/article/wildfires-new-mexico-climate-and-environment-fires-government-politics-ac6f469b608084554c252d012d7c0f6d
Manuel and Marcy Silva combed through the charred rubble that used to be their home, searching for any salvageable bits in the...
Will New Regulations Do Enough To Keep Homeowners From Losing Fire Insurance?
By Michael Finney & Randall Yip, KGO ABC TV-7 San Francisco, CA
September 9, 2022
https://abc7news.com/fire-insurance-home-risk-score-danger/12213902/
SAN RAFAEL, Calif. (KGO) -- Homeowners in California who live in a high-risk fire zones could find...
Insurance Commissioner Lara’s Regulation Preserves Loophole Letting Insurers Ignore Wildfire Mitigation for Denial or Non-Renewal of Homeowners Policies
Los Angeles, CA – California Insurance Commissioner Ricardo Lara today submitted a long-awaited regulation for final approval that will require insurance companies to provide premium discounts to homeowners who reduce their risk of...
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