Wildfires have ravaged California this year which is leading to hundreds of thousands of residents not being able to find homeowners insurance or if they do, it is an expensive bare-bones policy. Many homeowners have been dropped by their regular insurance company as insurers pull out of the market in certain areas. The problem is […]
As wildfire season kicks off, lawmakers in California are pushing through an insurance industry backed homeowner insurance bill. While the bill seems popular with a number of lawmakers, it is receiving fierce opposition from consumer groups as well as California Insurance Commissioner Ricardo Lara. The bill addresses a number of issues, from letting insurance companies […]