The California Assembly opted not to vote Tuesday on legislation meant to help wildfire victims, deciding at the last minute to push back a decision on a bill that some Democrats, including Gov. Gavin Newsom, said wouldn’t meaningfully address the financial challenges caused by catastrophic blazes.
insurance
Posted inPolitics & Policy
With clock ticking, California lawmakers reject key parts of Newsom’s wildfire plan
Gov. Gavin Newsom is rushing a plan to provide financial relief to utilities facing massive lawsuit payouts because of California wildfires. Some lawmakers are fighting it.
Posted inPolitics & Policy
Will California vote ‘progressive’ in insurance commissioner race?
Jane Kim, backed by Bernie Sanders, could ride the progressive wave. Ben Allen has the California Democratic Party’s endorsement for the insurance commissioner job.
Posted inPolitics & Policy
Newsom makes last-minute push to help California utilities facing wildfire bills
One of Gov. Gavin Newsom’s final political fights in California is a revival of an old one. As wildfire costs threaten utilities’ financial models, the governor wants to help them pay less for fires.
Posted inPolitics & Policy
Why insurance matters to renters, landlords and California
Insurance affects the cost of rent, housing supply and recovery from disaster. In November, Californians will elect the state’s next insurance commissioner, a position that will play an important role in the recovery from last year’s Los Angeles County fires and the state of the insurance market.
Posted inBusiness & Technology
Four myths about insurance in California
There’s a lot of misinformation floating around about insurance in California. Here’s what you should know.
Posted inPolitics & Policy
California insurance commissioner race is set: Jane Kim vs. Ben Allen
Two Democrats will compete in November to regulate the insurance market amid increasing climate change risks and the aftermath of the 2025 Los Angeles fires.
Posted inPolitics & Policy
Insurance commissioner candidates float bigger California role
From a public wildfire authority to a state backstop, California insurance regulator candidates propose greater state involvement.
Posted inPolitics & Policy
Who wants to be California’s insurance commissioner? Your guide to the candidates
CalMatters interviewed five leading candidates who want to regulate one of the world’s biggest insurance markets. Here’s what they said.
Posted inLatest News
Some State Farm customers could see refunds while homeowner rate hikes stay put
State Farm has reached a settlement over emergency insurance rate hikes after last year’s Los Angeles County fires.
