Friday, October 27, 2023

Records Show Insurance Commissioner's Deal with Industry to Expand Wildfire Coverage is a Sham, Says Consumer Watchdog


Documents reveal details of a secret proposal to bail out the insurance industry that Commissioner Lara and insurers unsuccessfully tried to ram through the Legislature during the final days of session in return for a "commitment" from insurers to expand home insurance coverage in wildfire areas to 85% of their market share outside risky areas.

Records Show Insurance Commissioner's Deal with Industry to Expand Wildfire Coverage is a Sham, Says Consumer Watchdog

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