California Commissioner Backs Disaster Insurance Bill to Fight Climate Change-Driven Wildfires

Article 0 Comments California’s insurance commissioner and a lawmaker want to the state to consider buying insurance in the private market to cover rapidly increasing costs of fighting wildfires due to climate change. State Sen. Bill Dodd, D-Napa and California Insurance Commissioner Ricardo Lara on Thursday proposed the California Disaster […]

Insured Losses from Last Year’s California Wildfires up to $11.4B

Article 0 Comments California Insurance Commissioner Ricardo Lara on Monday announced that more than $11.4 billion in insured losses have been reported from the November 2018 fires. That is a 25 percent increase, or more than $2.3 billion, from losses the California Department of Insurance reported in December 2018. More […]

New California Commissioner to Confront Climate-Fueled fires, Expand Healthcare

Article 0 Comments As Ricardo Lara took office as California Insurance Commissioner at a ceremony in Sacramento on Monday, he pledged to help residents recover from wildfires while defeating the threat of climate change. Lara, the eighth elected California insurance commissioner since voters created the position in 1988, is the […]