For SoCal wildfire victims, state blocks insurance companies from dropping coverage for a year

  • 📰 CBSLA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Philippines News News

Philippines Philippines Latest News,Philippines Philippines Headlines

For 750,000 people affected by Southern California wildfires, the state has blocked insurance companies from dropping or refusing to renew their coverage — issuing a one-year moratorium to stop this from happening across four counties

.Insurance Commissioner Ricardo Lara announced the mandatory year-long freeze Thursday, and it's intended to preserve home home insurance coverage for thousands of residents who faced wildfires earlier this month across Los Angeles, San Bernardino, Orange and Riverside counties.

'Wildfire survivors should not have to worry about insurance while they are recovering.'California's Department of Insurance is sending staff members to wildfire disaster areas help with filing claims and give guidance on avoiding insurance fraud and abuse. They can be found at local assistance centers currently open across four SoCal counties.More information for homeowners affected can be found by visiting here or by calling 800-927-4357 with any insurance-related question.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 552. in PH

Philippines Philippines Latest News, Philippines Philippines Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

AI’s Risky Business, MIT Researchers Catalogue Over 750 AI RisksTor Constantino is a communications professional with 25 years experience as a former journalist and corporate communications executive with an MBA degree. His career has spanned a wide range of technological industries including telecommunications, cloud-based SaaS applications, Big Data analytics, artificial intelligence (AI), and MedTech.
Source: ForbesTech - 🏆 318. / 59 Read more »