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20260610 Proposition 103 has also discouraged property owners from: “home hardening,” but in 2022, California Insurance Commissioner Ricardo Lara mandated that homeowners who implement certain risk-mitigation practices be given discounts.rtf
20260610 Proposition 103: requires all rate changes to be approved by an elected insurance commissioner, imposes restrictions on variables insurers are allowed to consider, limits size of rate changes.rtf
20260831 Cato - "California Insurance Market: Another Victim of the War on Prices".rtf
20260831 Insurers did in fact slow-walk and deny claims [fire, insurance, Palisades].rtf
20260831 The California Department of Insurance has also taken legal action against the FAIR Plan for systematically denying or limiting smoke-damage claims.rtf
20260831 The non-profit fire-insurance entity modeled on the California Earthquake Authority would use insurers as the backstop, potentially causing rates on insured homeowners not participating to rise.rtf
20260831 reinsurance: a financial arrangement where an insurance company transfers a portion of its risks to another specialized company, often called "insurance for insurance companies".rtf
20260917 Research by the International Center for Law & Economics reveals that California has the worst regulatory rate suppression in the nation for both home and auto insurance.rtf