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Wildfire-prone California to consider new rules for property insurance pricing
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California will let insurance companies consider climate change when setting their prices, the state's chief regulator announced Thursday, a move aimed at preventing insurers from fleeing the state over fears of massive losses from wildfires and other natural disasters.
Erin Myers reports for the KTLA 5 Morning News on Sept. 22, 2023.
KTLA 5 News - Keeping Southern Californians informed since 1947.
Erin Myers reports for the KTLA 5 Morning News on Sept. 22, 2023.
KTLA 5 News - Keeping Southern Californians informed since 1947.
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