California Legislators Confront the California Home Insurance Crisis and Taxation Tensions During Final Session Weeks
A critical issue on the agenda is the California home insurance crisis, with major insurers exiting the market due to escalating wildfire risks and soaring construction costs. As the 2023 session of the California Legislature enters its final two weeks,…
California Home Insurance Crisis: Balancing Coverage and Regulation in the Face of Wildfires
The challenges regarding California home insurance due to the recurring wildfires in the state and the potential behind-the-scenes deal between lawmakers and the insurance commissioner to address coverage issues but at the possible cost of loosening regulations and permitting higher…