Consumer Group Says Records Show CA Insurance Commissioner Drafted Proposed Market Fix with Industry Lobbyists

CDI and insurance lobbyists

A consumer group says that it has proof that California’s Department of Insurance consulted with industry lobbyists in drafting a proposed overhaul to the state’s troubled home insurance market announced last month.

California Leaders Announce Major Home Insurance Reform in Light of Wildfires, Floods

Wildfires and insurance in CA

Gov. Gavin Newsom and California’s Insurance Commissioner said they are overhauling the regulation of the state’s home insurance market that’s changed drastically because of disasters caused by climate change, which will likely make the insurance more available but also more expensive.