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    Home - Insurance - California approves bill to launch climate insurance innovation program
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    California approves bill to launch climate insurance innovation program

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    California approves bill to launch climate insurance innovation program
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    The legislation seeks to respond to growing concerns over the affordability and availability of insurance for natural disasters, such as wildfires and floods. According to the bill, fire insurance is becoming more costly and difficult to obtain in California, while flood coverage remains uncommon and insurance for extreme-heat events is rare.



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