Great News for California Homeowners Insurance - Governor Newsom Takes Action

Published Date: 05/11/2024

Governor Gavin Newsom is spearheading a major initiative to reshape the homeowners insurance landscape in California. Collaborating closely with insurance companies, consumer advocacy groups, and California's Department of Insurance, led by Commissioner Ricardo Lara, Governor Newsom is dedicated to bringing more competition to the insurance market. This initiative, potentially introduced through a Trailer Bill or an Executive Order, aims to expedite the return of insurance providers to the California market.