Changes Coming to California's Property Insurance Marketplace
Political Breakdown
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California's Insurance Dilemma
This chapter delves into the challenges facing California's property insurance marketplace, including the increasing risk of wildfires and stagnant insurance prices. It explores the executive order issued by the governor to address the issue, the legality of the directive, and the potential impact on prop 103 provisions. The chapter also discusses models used by insurers and the concerns of consumer advocates.
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