State reps ask how climate change impacts California insurance rates, policies

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Climate Change Noticias


U.S. Representative of the 49th District Mike Levin signed and sent a letter Thursday to the Federal Insurance Office and the National Association of Insurance…

"I want to know to what extent climate-related events and the climate crisis is impacting these rising insurance rates," Rep. Mike Levin saidare scrambling to find new homeowners insurance because State Farm and several other companies are dropping policies. The companies say it doesn't make sense to do business in the state anymore because of strict regulations and also the increasing threat of wildfires, floods and other natural disasters.

According to Levin, it's a push to make sure everybody across San Diego and across the U.S. has access to affordable homeowners insurance. State Farm is moving ahead with dropping hundreds of thousands of Californians from their homeowners insurance policies. Now, San Diego County Supervisor Tara Lawson-Remer wants to hold the insurance company accountable. NBC 7's Todd Strain reports on May 20, 2024.


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