Fire: Insurers Required To Cover High-Risk Areas In California

ShareCaliforniaCalifornia Insurance Commissioner, Ricardo Lara, has issued a new regulation requiring insurers to extend their home insurance coverage to areas most vulnerable to wildfires. Under the new state regulation, insurance companies will have to underwrite home policies for no less than 85 per cent of their statewide market share in California. This means that companies...The post Fire: Insurers Required To Cover High-Risk Areas In California appeared first on New Telegraph.

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