Commissioner Lara Orders Insurance Protections for More Than 185,000 Californians Following Wildfire Emergencies
SACRAMENTO, Calif. — Insurance Commissioner Ricardo Lara issued a mandatory one-year moratorium on insurance companies to preserve residential insurance coverage for more than 185,000 policyholders affected by the Park, Borel, and Gold Complex fires. The Commissioner’s Bulletin shields those living within the perimeters or adjoining ZIP Codes of these fires from insurance non-renewal or cancellation for one year from the date of the Governor’s emergency declarations regardless of whether they suffered a loss.
Read the full press release. California Department of Insurance, August 8, 2024