Schiff to reintroduce bill to protect homeowners, stabilize insurance market

Schiff to reintroduce bill to protect homeowners, stabilize insurance market

The U.S. senator from California is introducing legislation to protect homeowners from being excluded from insurance coverage due to where they live.

Lawmakers Introduce Homeowner Safeguard Bill for Natural Disasters - The MortgagePoint

Sen. Adam Schiff has introduced the Incorporating National Support for Unprecedented Risks and Emergencies (INSURE) Act, bipartisan legislation aimed at stabilizing the home insurance market by creating a federal catastrophic reinsurance program.

What’s Up with Insurance in Sacramento?

With FAIR Plan enrollment increasing daily the legislature has still not taken up the one thing that could stabilize access to home insurance in California: A mandate that insurance companies cover all Californians who meet state standards to make their homes safe from wildfire. Still, after a big week in Sacramento several bills are still […] The post What’s Up with Insurance in Sacramento? appeared first on Consumer Watchdog.