California E&S Insurance

​ >Lara said his plan is to require insurance companies to write policies for no less than 85% of their statewide market share in areas at risk for wildfires. That means if a company writes policies for 20 homes, it must write 17 new policies for homeowners in wildfire-distressed areas — moving those people off of the FAIR Plan. It is unfortunate that folks in high fire risk areas have trouble getting full coverage. But it seems like pricing is an important pressure to discourage such development / encourage moving out of such areas.

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