Senate Bill 1060 in California would require insurers to factor in wildfire mitigation efforts in property coverage risk assessment. Sen. Josh Becker emphasizes the need to reflect the state's investments in fire prevention in insurance risk evaluation.
Insurance trade groups criticize the bill, stating concerns about potentially unsupportable risk levels and financial stability. They argue that insurers already consider multiple factors beyond mitigation for coverage decisions, and the bill may impede the Department of Insurance's efforts to increase coverage availability.
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