LA Fires,
Insurance
Mar. 26, 2025
Holding insurance regulators' feet to the fire as wildfires and hurricanes test accountability
California and Florida's differing responses to the insurance crisis show how crucial oversight and transparency are for protecting policyholders and market stability, as highlighted by a recent Florida investigation.
Matthew B. Weaver
Partner
Reed Smith LLP
Jessica Gopiao
Associate
Reed Smith LLP
The 2025 Los Angeles Wildfires have been among the most destructive in California's history. Commissioner of the California Department of Insurance (CDI), Ricardo Lara, has been responding to the massive influx of insurance claims by taking action to track claims and instruct claims handlers on the state's requirements.
One of the key legislative responses to the 2025 Los Angeles Wildfires has been the establi...
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