Tag: coffey park

Will New Legislation Lure Property Insurance Providers Back to California?

Loreen
california property insurance

California’s Property Insurance Landscape through the Disaster Resiliency and Coverage Act In a significant move to address the growing challenges facing the property insurance market in California, Bay Area congressional representatives are spearheading an initiative designed to entice property insurance companies back into the state. Spearheaded by US Rep. Mike Thompson (D-St. Helena), the proposed bipartisan legislation seeks to mitigate insurance carriers’ losses by offering property owners financial incentives to enhance their emergency preparedness. Dubbed the Disaster Resiliency and Coverage Act (House Resolution 7849), the legislation was unveiled on Thursday…

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California wildfire victims worried that they can’t afford to go home

Logan B.
california wildfire victims angry frustrated

As the holidays approach, evacuees whose homes were burned are left with little more than uncertainty. Santa Rosa, California wildfire victims are facing a very uncertain future in the aftermath of the blaze. Evacuees whose homes are gone may not be able to afford to return to the same place they used to live. Rents have skyrocketed, with reports of apartments as expensive as $13,000 per month in Santa Rosa. Now, renters and homeowners alike are finding themselves to be common California wildfire victims who don’t know where they will…

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