Commissioner Lara Enacts Wildfire Rule to Reduce Insurance Prices

Large flames and thick smoke engulf a house in a residential neighborhood, seen from above.

SACRAMENTO, Calif. — Insurance Commissioner Ricardo Lara will enforce the new insurance pricing regulation he wrote recognizing and rewarding wildfire safety and mitigation efforts made by homeowners and businesses. Commissioner Lara’s regulation is the first in the nation requiring insurance companies to provide discounts to consumers under the Safer from Wildfires framework created by the California […]

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