Disaster Insurance Measure Dies In Calif. Assembly
NU Online News Service, June 25, 3:07 p.m. EDT?A California state bill designed to limit insurers' ability to rescind policies or raise rates for homeowners who file claims related to natural catastrophes was defeated in the Assembly Insurance Committee this week.[@@]
In reaction, proponents of the bill expressed bitter disappointment and vowed to reintroduce the measure. Insurance Commissioner John Garamendi, who advocated the bill, said the state's wildfire victims had been "burned again" by insurers.
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