As Wildfires Rage, California Presses Insurers to Cut Rates

The New York Times

Faced with the twin climate crises of historic wildfires and spiraling insurance costs, California on Wednesday laid out new rules to make insurance more affordable in fire-prone areas, The New York Times reports. But the changes could backfire, experts say—pushing insurers to stop offering insurance in those areas and further imperiling communities on the front lines of climate change.

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