After insurance companies canceled home insurance policies for Southern California homeowners, critics blame Insurance Commissioner Ricardo Lara.
A Chatsworth community of nearly 300 middle-class homeowners claimed Tuesday that their insurance company dropped their policies four months ago after increasing their insurance premium some 500%.
Bannister said she filed a $40,000 claim after a snow-related collapse at her house. Her insurance company not only denied it but it also canceled her policy. The stories of Breslau and Bannister have become more common as climate change impacts every Californian's life with fires, floods and slides.
"Unfortunately, Insurance Commissioner Lara’s been worse than 'asleep at the switch,' Court said."He’s been in the back rooms, making deals with the insurance companies." “We’re ruffling some feathers on some entrenched interest on both sides,” Lara said about insurers as well as the insured.
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