California proposes rule that would change how insurers assess wildfire risk

SF Chronicle

Insurance companies in California currently use historical data to assess wildfire risk. A proposal would allow them to use catastrophe modeling instead.

Read more.

The information presented in this publication is for general informational purposes and is not a substitute for legal advice. If you have a specific legal issue or problem, United Policyholders recommends that you consult with an attorney. Guidance on hiring professional help can be found in the “Find Help” section of www.uphelp.org. United Policyholders does not sell insurance or certify, endorse or warrant any of the insurance products, vendors, or professionals identified on our website.

Source: https://uphelp.org/california-proposes-rule-that-would-change-how-insurers-assess-wildfire-risk/
Date: November 22, 2024