California is facing a severe insurance coverage crisis, with millions of consumers losing access to the coverage they need to protect their homes, cars and businesses. California’s outdated insurance regulatory framework is not equipped to handle today’s realities, including climate-driven extreme weather and record inflation.
We must ACT NOW to modernize California's insurance framework by enacting forward-looking solutions that restore balance in the market - ensuring ALL consumers have access to the insurance coverage they need
Proven catastrophe risk modeling
Use of reinsurance
Streamline rate review process
Fix FAIR Plan to prevent insolvency
Community-wide wildfire mitigation