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Controversy swirls around California's failed wildfire insurance bill that would have cut costs for homeowners

By Yahoo! Finance   |   Sep 27, 2024 at 06:27 AM EST
Controversy swirls around California's failed wildfire insurance bill that would have cut costs for homeowners

Homeowners in fire-prone California areas face high insurance rates or loss of coverage due to the wildfire crisis. Efforts to pass bills aiming to reduce costs for homeowners investing in fire mitigation have failed. Campaign contributions have influenced lawmakers' decisions on the issue.

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