Tag: fire risk mitigation
California Insurance Crisis: Homeowners Getting Insured Right Out of Their Homes
In the late 1970’s Californians were being taxed out of their homes. Grandmas could not pay the escalating property tax bills on long-held family homes, and defaulted or were forced to sell. Thus, Proposition 13 was passed by voters and...
Golden State Insurance Crisis: Californians Getting Insured Right Out of Their Homes
California is in the throes of a self-imposed insurance crisis. And the state doesn’t seem to be addressing this crisis with any sense of urgency. The Globe recently spoke with a couple who shared that the condominium complex in which...
The Time for Action on Insurance Crisis is Now
Californians need bold and immediate action from the Governor Gavin Newsom and Insurance Commissioner Ricardo Lara to help attract insurers back to the state, create a robust market, and give consumers more options for fire insurance coverage. Proposition 103, passed...