How to Fix California’s Broken Home Insurance Market
Los Angeles Daily News
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Ian Adams, ICLE Executive Director, is mentioned in this Los Angeles Daily News article on the homeowners’ insurance market collapse and how to fix it. Read the full story here.
Research by the International Center for Law & Economics revealed that California has the worst regulatory rate suppression for both home and auto insurance in the nation. The annual cost of homeowners’ insurance in California is nearly $700 below the national average, despite California being relatively more expensive and prone to natural disasters, especially wildfires.