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How California is trying to avoid Florida’s insurance fate

POLITICO Energy

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California state leaders are trying to come to an agreement on a new state policy that would prevent property insurance companies from pulling back in disaster-prone areas - and attempting to avoid Florida’s fate, where residents pay three times the national average rate for coverage. POLITICO’s Camille von Kaenel breaks down the push from California lawmakers, the criticisms, and where negotiations stand. Plus, the Biden administration unveiled more than 60 recommendations for Congress and federal agencies to overhaul and modernize U.S. mining law.    For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy   Catherine Morehouse is an energy reporter for POLITICO.  Camille von Kaenel is a Calfironia environmental reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer.  Alex Keeney is a senior audio producer at POLITICO.  Gloria Gonzalez is the deputy energy editor for POLITICO.  Matt Daily is the energy editor for POLITICO.

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How California is trying to avoid Florida’s insurance fate

POLITICO Energy

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