Commissioner Lara unveils next steps in his strategy to expand coverage options for Californians in areas of high wildfire risk

June 13, 2024 — Insurance Commissioner Ricardo Lara released further details of his transformative plan to increase the writing of homeowners and commercial insurance policies in areas of the state with high wildfire risk.

Commissioner Lara announced regulatory text outlining the commitments that insurance companies must make in order to use forward-looking catastrophe models for ratemaking and encouraged the public to learn more at the Department’s June 26 public workshop.

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