BRIEF: Gov. Brown signs two wildfire insurance bills
Press Democrat, The (Santa Rosa, CA)
July 10--Gov. Jerry Brown on Monday signed two minor bills that would provide additional consumer protections in the aftermath of the October wildfires, where many homeowners found themselves underinsured.
Brown signed AB 1799 by Assemblyman Marc Levine, D-San Rafael, that would mandate the specific information carriers are required to provide to fire victims after a loss. It would include the full insurance policy, any endorsements to the policy and the declarations page. Some fire victims said they had trouble accessing those documents from their companies after the North Bay fires.
He also signed AB2229 by Assemblyman Jim Wood, D-Healdsburg, that would require insurers to disclose any fire safety-related discounts offered by them. It will go into effect in 2020.
Other more far-reaching bills that would have helped fire victims recover their costs were derailed in the Legislature due to strong lobbying from the insurance industry.
___
(c)2018 The Press Democrat (Santa Rosa, Calif.)
Visit The Press Democrat (Santa Rosa, Calif.) at www.pressdemocrat.com
Rep. Hoyer Issues Statement on Kavanaugh’s Nomination to Supreme Court
Advisor News
- Trump announces health care plan outline
- House passes bill restricting ESG investments in retirement accounts
- How pre-retirees are approaching AI and tech
- Todd Buchanan named president of AmeriLife Wealth
- CFP Board reports record growth in professionals and exam candidates
More Advisor NewsAnnuity News
- Great-West Life & Annuity Insurance Company Trademark Application for “EMPOWER READY SELECT” Filed: Great-West Life & Annuity Insurance Company
- Retirees drive demand for pension-like income amid $4T savings gap
- Reframing lifetime income as an essential part of retirement planning
- Integrity adds further scale with blockbuster acquisition of AIMCOR
- MetLife Declares First Quarter 2026 Common Stock Dividend
More Annuity NewsHealth/Employee Benefits News
- Trump announces health care plan outline
- Wipro Announces Results for the Quarter Ended December 31, 2025
- Arizona ACA health insurance enrollment plummets as premiums soar without enhanced subsidies
- Counties worry about paying for uninsured
- People needing health care coverage have until Thursday to sign up for Obamacare
More Health/Employee Benefits NewsLife Insurance News