In recent years, the effects of climate change have greatly impacted many California residents. Climate change events are a growing concern along the West Coast, where property development has greatly increased the number of risks exposed to wildfires. Among other challenges, Californians are struggling with higher insurance costs due to climate change impacts.
In response to California Insurance Commissioner Ricardo Lara’s climate insurance law, Senate Bill 30, Chapter 614, Statutes of 2018, which formed a group of environmental advocates, researchers and insurance experts, the California …
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