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Three Dozen California Bills Focus on Wildfire, Others Are Concerning for Insurance Industry


Three Dozen California Bills Focus on Wildfire, Others Are Concerning for Insurance Industry
Roughly three dozen pieces of California legislation are directly related to wildfire, and while those bills should hold much interest for the insurance community, there are other bills making their rounds that should draw a great deal of concern.
So far 2,369 bills have been introduced in state Legislature this year, according to John Norwood of Norwood Associates, an industry lobbyist who also represents the California Insurance Wholesalers Association.
Norwood said he’s by encouraged by all the attention California’s wildfires are getting.
“Rates and availability are not going to change until the reinsurance market thinks California has reduced the risk of wildfire,” Norwood said. ....

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2019-2020 State Legislative Report on Natural Disasters


Introduction
As natural disasters increase in frequency and intensity, communities across the country have sought state policy solutions. Disaster seasons of the last few years have broken records across the board.  Hurricanes Harvey, Irma, Maria and 14 others made 2017 the costliest hurricane season on record. It would also have been the most destructive wildfire season on record, if not for 2018, the nation’s deadliest and most destructive year ever, featuring the deadliest single fire in a century―the Camp Fire in Paradise, Calif. The mega-fires of 2020 are still fresh in the nation’s mind―a year that gave California five of its six largest fires in state history, Colorado its single largest fire ever, and temporarily propelled air pollution in some cities to among the worst in the world. According to the National Oceanic and Atmospheric Administration (NOAA), the nation averaged nearly 12 “billion-dollar” disasters annually over the past decade―up from less ....

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CPUC safety certification eases PG&E access to wildfire insurance fund, prompting backlash


Dive Brief:
The California Public Utilities Commission s (CPUC) wildfire safety division last week issued a 2020 safety certification for Pacific Gas & Electric (PG&E), despite raising multiple concerns about the utility s operations and fire mitigation processes.
These concerns include problems identified during field inspections, reports from PG&E s court-appointed federal monitor, as well as the investigation into the utility s potential role in sparking last September s Zogg Fire, which led to four fatalities and destroyed 204 structures.
The safety certification, which is valid for 12 months, provides utilities with an easier burden of proof test to recover costs related to catastrophic wildfires from the state s wildfire insurance fund, created in 2019 by Assembly Bill 1054. ....

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