Lara is supporting a bill that would require 100% contents coverage without a detailed inventory for future wildfire victims. (Credit: Kyle/Adobe Stock)
California Insurance Commissioner Ricardo Lara released a list of insurers who are—and aren’t—paying contents coverage to LA wildfire survivors without requiring a detailed inventory.
Last month, Lara issued a notice requesting that insurers provide policyholders impacted by the wildfires up to 100% of their contents coverage limits without submitting a list of lost items. Most insurers agreed to provide at least 75% of contents coverage.
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Corey Dahl
Corey Dahl is assistant editor with PropertyCasualty360.com. Reach her at [email protected].
