12.14.2022
California Requires Property Rate Filings for Wildfire Safety Regulations
In October of this year, California approved a regulation requiring rate filings from every personal and commercial property insurer that uses wildfire risk, explicitly or implicitly, in rating a policyholder or applicant. The California Department of Insurance (“CDI”) recently published FAQs to assist companies in complying with the regulations. Below we have summarized the key […]