Moratorium on Some Homeowners’ Insurance Policy Cancellations in CA, LA Tackling High Insurance Rates & More

CA Insurance Commissioner Orders Moratorium on Cancellations for Fire-Impacted Homeowners

California Insurance Commissioner Ricardo Lara issued a one-year moratorium on the cancellation or non-renewal of residential insurance coverage for more than 185,000 policyholders impacted by recent major fires in the state. The moratorium shields homeowners within the perimeters or adjoining ZIP codes of the fires for one year regardless of whether they suffered a loss. (INSURANCE JOURNAL)

LA Addressing High Insurance Rates

Five Louisiana legislative committees with oversight of insurance met last week to discuss the causes of and potential solutions for the state’s high insurance rates. The state’s Legislature is expected to meet in a special session on insurance issues in 2025. (LOUISIANA ILLUMINATOR)

Anti-DEI Investor Resolutions on Rise

As the backlash against diversity, equity and inclusion, or DEI, investing has intensified in the United States, the number of resolutions companies have been receiving from investors urging them to abandon their support of DEI programs has also been rising, with 42 such anti-DEI resolutions having been filed this year, up from just one three years ago. But for now, pro-DEI resolutions still outnumber anti-DEI resolutions. (INSURANCE JOURNAL)

—Compiled by SNCJ Managing Editor KOREY CLARK

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