California Bans Insurers From Dropping Homes in Wildfire Areas - News Summed Up

California Bans Insurers From Dropping Homes in Wildfire Areas


California regulators temporarily banned insurers from refusing to renew home-insurance policies in certain wildfire-prone parts of the state in an effort to halt an insurance-availability crisis. Homeowners and businesses in some parts of California are struggling to find insurance coverage and are paying large premiums when they do find it. Following...


Source: Wall Street Journal December 05, 2019 22:41 UTC



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