Many of the victims of January's LA wildfires were uninsured or underinsured. (Credit: Andy/Adobe Stock)
A bill that would fund innovative insurance solutions to help reduce climate risks and increase coverage for Californians is making its way through the state assembly.
Assembly Bill 1236, authored by Assemblymember Celeste Rodriguez, would establish the Climate and Sustainability Insurance and Risk Reduction Program. The program, run by the California Department of Insurance, would distribute grants to support projects that reduce climate-related risks and shrink the protection gap in the state.
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Corey Dahl
Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
