New reinsurance legislative issue: Fires.

Where is a debate occurring about a reinsurance system for fire coverage? California

Why? Wild fires and coverages issues related to wild fires

What did industry propose? AB 2167 (2020 | CA)

How did the legislation fare? Consumers groups opposed the industry legislation saying it contravened the state constitution. The bill has been amended to be a study as wildfires continue to burn.

Daily Breeze Opinion | Legislature ignores fire insurance crisis