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As wildfires wreak havoc in California, the state’s insurance commissioner on Sept. 16, 2020, announced potential steps to help homeowners afford and keep insurance amid California’s growing wildfire risk. “With climate change fueling California’s devastating fires, I am taking action to bring down the risk of losing your home in a wildfire and losing your…

For hundreds of thousands of California homeowners, access to quality wildfire insurance has never been more important. Already, more than 8,100 structures in California have burned, and the fire season isn’t over. So why, when demand for coverage is at an all-time high, have so many homeowners lost their fire insurance? The answer lies in the unintended consequences…

Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies non-renewing policyholders — protecting at least 1 million homes in wildfire disaster areas in Northern and Southern California. The commissioner’s action is the result of Senate Bill 824 — authored in 2018 by Lara while serving as state senator — in order to…