California Governor Pressured After Wildfire Insurance Cancellations Spread and Homeowners Panic
Автор: Sliro X
Загружено: 2026-01-24
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California Governor Pressured After Wildfire Insurance Cancellations Spread and Homeowners Panic
Insurance cancellations spread deeper into fire-prone areas, leaving homeowners scrambling for coverage and fearing they’ll be forced to sell. Critics say the state moved too slowly on market reforms, while insurers argue wildfire risk and rebuilding costs are rising beyond what old rules can handle. The governor faces calls to stabilize the market—fast—through new regulations, incentives, and risk-sharing options. The crisis isn’t just financial; it reshapes where people can live, rebuild, and invest, especially in rural and foothill communities.
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