By Free Republic | Created at 2025-01-11 16:34:19 | Updated at 2025-01-11 19:53:03
3 hours ago
California issues 1-year moratorium on insurance cancellations in fire areas [insurance companies BANNED from dropping policies!]
KABC - Los Angles 7 ^ | 1/10/2025 | CARLOS GRANDA
Posted on 01/11/2025 8:32:35 AM PST by catnipman
California Insurance Commissioner Ricardo Lara has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office announced. He also wants to backdate that to Oct. 9.
pretty much reminds you of Directive 10-289 ...
https://theexplanationproject.fandom.com/wiki/Directive_10-289
(Excerpt) Read more at abc7.com ...
TOPICS: Business/Economy; Front Page News; Government; News/Current Events
KEYWORDS: california; insurance; wildfires
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This will guarantee that the remaining insurance companies finally flee California permanently ...
1 posted on 01/11/2025 8:32:35 AM PST by catnipman
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To: catnipman
Compounding mistake on mistake.
2 posted on 01/11/2025 8:33:41 AM PST by ImJustAnotherOkie
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