A residence burns as the Carr Fire tears through Shasta, Calif., on Thursday, July 26, 2018. (AP Photo/Noah Berger) A residence burns as the Carr Fire tears through Shasta, Calif., on Thursday, July 26, 2018. (AP Photo/Noah Berger)

In response to skyrocketing condo-insurance premiums in California, several state legislators recently penned a letter encouraging Insurance Commissioner Ricardo Lara to take action in support of residents struggling to find affordable insurance.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Coverage & Policy Issues
E&S/Specialty
Personal Lines
Weather Risk