Proposition 103 News

Details of California Wildfire Plan Sketchy But It’s Useful Marketing Tool for Data Vendors

A proposal by California’s insurance regulator to require insurers to write more policies in areas at risk of wildfires is more a promise than a plan, but the announcement is giving data analytics vendors a new way to pitch their …

Industry Representative Puts Fire Insurance Availability at Feet of Commissioner

California Insurance Commissioner Ricardo Lara will have to choose whether he wants insurers to charge higher rates or to stop writing homeowners insurance in fire-prone areas, an industry representative said following new wildfire directives announced by the commissioner. Lara on …