California bars insurers from dropping customers in fire-prone zones


California is banning insurance companies from dropping customers impacted by the state's recent wild fires CBS is Matt Bigler says the move is being cheered by homeowners across the state Sean Coffey recently bought a house in the Oakland hills where the fire danger is high he says it's been a struggle to find much less afford home insurance I know it's an issue that's affecting a lot of our neighbors that's why Californian Sharon's commissioner Ricardo Lara is announcing a moratorium on insurance companies dropping policies for homeowners who live in and around wildfire disaster areas a lot of people think this is about Malibu mansions or toggle ski chalets but it it is neighborhoods like this where the insurance crisis is really hitting all the more tore and will last for

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