by PR Chair | Dec 3, 2024 | Guest Post, Insurance
By Tina Keele, CIRMS, from Socher Insurance In a September 19, 2024, interview with CalMatters, California Insurance Commissioner Ricardo Lara discussed the state’s ongoing efforts to restore stability to California’s insurance market. With insurers withdrawing from...
by PR Chair | Nov 7, 2024 | Insurance
By Kimberly Lilley, CIRMS, CMCA, CAI-CLAC Insurance Task Force On July 25, 2024, and then again on August 27, 2024, the CA FAIR Plan and the CA Department of Insurance (CDI) entered into an agreement that increased access to the CA FAIR Plan for many condominium...
by PR Chair | Jul 15, 2024 | Announcements, Insurance
On June 12, 2024, the California Department of Insurance (CDI) released its latest step in what they are calling their Sustainable Insurance Strategy (Strategy). Keep in mind that a large portion of the target for the Strategy is residential/individual insurance....
by PR Chair | Dec 4, 2023 | Guest Post, Insurance
Guest Blog By Kimberly Lilley, CIRMS, CMCA, EBP This is the question CAI-CLAC’s Insurance Task Force has been hearing a lot: has something recently changed in the California insurance market? There are rumors that the Governor signed an Executive Order and the...
by PR Chair | Oct 9, 2023 | Guest Post, Insurance
By Patrick Prendiville, CIRMS The City of Laguna Niguel hosted Insurance Commissioner Ricardo Lara on August 10, 2023 in a town hall meeting to address the current state of wildfires and related implications. In front of a packed house, Commissioner Lara laid out the...
by PR Chair | Aug 2, 2023 | Guest Post, Hot Bills, Insurance, Partners
Guest Blog By Kimberly Lilley, CIRMS, CMCA, EBP On Thursday, July 13, 2023, the Department of Insurance (CDI) held a public workshop regarding catastrophe modeling and how it might be used to help with assessing risk in California. Currently, most states use...
by PR Chair | Jul 11, 2023 | HOA Trends, Insurance
The Insurance Task Force of CAI’s California Legislative Action Committee has been actively advocating to address the insurance crisis impacting many California community associations. Here is the latest. As you have heard from us in previous articles, the California...
