Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Insurance commissioner prohibits policy cancellations for fire victims but... [View all]
LATimesCalifornia Insurance Commissioner Ricardo Lara has barred insurance companies from canceling residential coverage of some 750,000 policyholders affected by the Airport, Bridge and Line fires.
The order issued Thursday protects residents within the fire zones or adjoining ZIP Codes from insurance non-renewals or cancellations for one year from the date of emergency declarations Gov. Gavin Newsom issued this month.
The order issued Thursday protects residents within the fire zones or adjoining ZIP Codes from insurance non-renewals or cancellations for one year from the date of emergency declarations Gov. Gavin Newsom issued this month.
Lara’s action comes as he seeks to enact his Sustainable Insurance Strategy, a package of executive actions intended to stabilize the California insurance market amid the growing number of wildfires, which have been attributed to climate change.
Lara’s reforms have been controversial, with a leading consumer group saying they include giveaways to the insurance industry, which he disputes.
‘I own this now’: CA Insurance Commissioner discusses insurance crisis, reforms yahoo news
4 replies
= new reply since forum marked as read
= new reply since forum marked as read