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The original item was published from 2/12/2021 9:31:17 AM to 2/26/2021 12:05:01 PM.

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Posted on: February 12, 2021

[ARCHIVED] New State Partnership to Make Wildfire Insurance More Affordable & Increase Safety Standards

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NEW STATE INSURANCE PARTNERSHIP TO MAKE WILDFIRE INSURANCE MORE AFFORDABLE AND INCREASE WILDFIRE SAFETY STANDARDS

A new multi-agency state partnership establishes statewide standards for home and community hardening that will reduce wildfire risk, protect lives and property, and help make insurance available and affordable to residents and businesses. This partnership is the latest step to enact regulatory and administrative actions that Insurance Commissioner Ricardo Lara announced on September 16, 2020, using his existing regulatory authority under voter-approved Proposition 103 to protect the state’s insurance market. Learn more at http://www.insurance.ca.gov/01-consumers/200-wrr/index.cfm.

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