The cost of insuring against catastrophe for a large part of the market has already been locked down for a year, so the immediate impact is a way off.
California’s insurance commissioner won’t allow canceled or nonrenewed policies in and around the fire zones for a year.
California's insurance commissioner has banned insurance companies from canceling or not renewing polices for homeowners affected by the Palisades and Eaton fires for one year, his office said.
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