California governor signs mitigation discount reforms, Fair Plan cat bond bill
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California governor signs mitigation discount reforms, Fair Plan cat bond bill

The governor has yet to sign a pending bill to create a public cat model.

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California Governor Gavin Newsom signed a slew of bills this week modifying the state’s overwhelmed Fair Plan, providing grants for a new public cat model and forcing regulators to consider whether insurers must offer discounts for new anti-wildfire mitigation...

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