After calamitous wildfires, California hopes to avert a collapse of its home insurance market by making rules more business friendly

After calamitous wildfires, California hopes to avert a collapse of its home insurance market by making rules more business friendly

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Months after California’s home insurance market was rattled by major companies pausing or restricting their coverage, the state’s top regulator said Thursday that he would write new rules aimed at persuading insurers to continue doing business in the nation’s most populous state. Seven of the 12…

#legislature #californiainsurance #ricardolara #proposition103 #climate #fairplan #consumerwatchdog

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