The California Department of Insurance has approved rate increases for insurers, urging them to write new policies, especially in high-risk areas. Deputy Insurance Commissioner Michael Soller emphasizes the need for insurers to take on higher-risk homes and highlights issues like delays in forest management affecting rates. California uniquely requires insurers to use historical data for rate setting, but modern catastrophe modeling is being explored to improve future risk assessments. A new wildfire safety discount program has also been introduced for mountain communities.
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