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NORTHERN CALIFORNIA RECORD

Wednesday, May 15, 2024

J. N. Schierl News


State Sen. Becker: ‘Our state is facing an unprecedented crisis of skyrocketing insurance rates’

By J. N. Schierl |
State Senator Josh Becker (D-Menlo Park) announced that SB 1060, the Fire Insurance Risk Evaluation Act (FIRE Act), is designed to address California’s escalating insurance rates. The proposed legislation requires property insurance providers to consider wildfire mitigation efforts when underwriting insurance policies. Becker shared this information in a press release dated April 24.