CA Insurance coverage Commissioner Orders Moratorium on Cancellations for Fireplace-Impacted Owners
California Insurance coverage Commissioner Ricardo Lara issued a one-year moratorium on the cancellation or non-renewal of residential insurance coverage protection for greater than 185,000 policyholders impacted by current main fires within the state. The moratorium shields householders throughout the perimeters or adjoining ZIP codes of the fires for one no matter whether or not they suffered a loss. (INSURANCE JOURNAL)
LA Addressing Excessive Insurance coverage Charges
5 Louisiana legislative committees with oversight of insurance coverage met final week to debate the causes of and potential options for the state’s excessive insurance coverage charges. The state’s Legislature is anticipated to fulfill in a particular session on insurance coverage points in 2025. (LOUISIANA ILLUMINATOR)
Anti-DEI Investor Resolutions on Rise
Because the backlash towards range, fairness and inclusion, or DEI, investing has intensified in the US, the variety of resolutions firms have been receiving from buyers urging them to desert their help of DEI packages has been rising, with 42 such anti-DEI resolutions having been filed this yr, up from only one three years in the past. However for now, pro-DEI resolutions nonetheless outnumber anti-DEI resolutions. (INSURANCE JOURNAL)
—Compiled by SNCJ Managing Editor KOREY CLARK
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