CalMatters: Insurance looms as California Legislature nears end of session ...Middle East

The California Legislature reconvened Tuesday for the final fortnight of its 2023 session with lawmakers facing nearly 1,000 pending measures ranging from consequential to toothlessly symbolic – and perhaps some still to be drafted. Historically, the last few days of any session are rife with rumors about phantom bills that might surface and be hustled through the process. This year’s prime topic for 11th hour legislating is the growing home insurance crisis. Several major insurers have pulled out of the California market, or reduced their exposure, citing unacceptable risks due to massive wildfires and escalating construction costs. Legislators and other state officials, particularly Insura

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