California reps call on FIO to investigate climate change impact on HO insurance
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
  • Free Trial
  • Log in

California reps call on FIO to investigate climate change impact on HO insurance

Shelby Rosenberg
24 July 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Email
us department treasury california flag.jpg

A group of California Congressional reps sent a letter to the Federal Insurance Office (FIO) on Thursday, urging the agency to investigate climate change’s impact on homeowners' insurance coverage options following decisions by State Farm and Allstate not to write new homeowners’ business in the wildfire-ravaged state.

Endorsed by Public Citizen and signed by 10 California representatives, the letter called on the FIO – which last month reported on climate-related issues and gaps in the supervision and regulation of insurers – to continue its data collection...

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

News Regulation Personal lines
shelby rosenberg/shelby rosenberg ii red.png
Shelby Rosenberg
Contact
Gift this article