These actions will improve access to fire insurance for businesses as well as multiresident properties in high-risk areas, according to State Senator Marie Alvarado-Gil, who said in a release: These actions will improve access to fire insurance for businesses as well as multi-resident properties in high-risk areas, according to State Senator Marie Alvarado-Gil, who said in a release: "My constituents are directly impacted by the lack of available fire insurance coverage and I applaud the Insurance Commissioner and California Fair Plan leadership for working together to implement this necessary increase in the coverage limit." (Credit: Shutterstock.com)

The coverage limits on commercial property policies offered by California's FAIR Plan Association, the state's insurer of last resort, are more than doubling, according to the California Department of Insurance (CDI).

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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