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

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Cookies Settings

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

Shelby Rosenberg
July 21, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
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...

Request a free trial:

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
Request a free trial Already a subscriber? Login now

Topics

NewsHomeowners' insurancePersonal linesRegulation
shelby rosenberg/shelby rosenberg ii us.png
Shelby Rosenberg
Reporter
Contact
Gift this article