15 Hrs
Source:
Los Angeles Times
Newsom blocks 2025 firestorm reform bills
California Governor Gavin Newsom signed wildfire insurance reforms, including measures to increase penalties for unfair claims practices and improve transparency for policyholders during disasters. He vetoed two bills that would have mandated insurers to provide more detailed loss estimates and respond to claims within a set timeframe, citing unnecessary regulation. These vetoes upset fire victims and advocacy groups, who argued the bills would help hold insurers accountable.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)