Fire Insurance Battle in California




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Summary: There’s a battle brewing over fire insurance in California. The state insurance commissioner issued an order that bans insurance companies from dropping policies for homes in wildfire-prone areas. Commissioner Ricardo Lara also wants the California Fair Plan Association to offer more comprehensive coverage. This last week, the insurance industry went to court to get Lara’s mandate overturned, claiming that Lara has gone beyond his authority and the mandate is a violation of the law.