Insurance,
Environmental & Energy
Jan. 4, 2021
Battle over wildfire insurance expected to rage into new year
California lawmakers have sought to find solutions to the problem. On Nov. 5, Department of Insurance Commissioner Ricardo Lara announced a one-year moratorium on cancellations or nonrenewals for those living in high risk areas.
California homeowners increasingly were unable to renew insurance policies in 2020 because of the growing threat from wildfires. As that trend became more prevalent, lawmakers tried to limit how much insurers could charge, according to Daniel J. Veroff, an attorney with Merlin Law Group. Veroff represents policy holders, and has sued large companies over coverage disputes.
"If the insurers can't price their policies within those fr...
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