KPIX CBS July 3, 2024
A lastminute effort to ease californias insurance crisis appears to have failed. That means no relief in sight for homeowners struggling to get coverage. Rumors have been swirling about a potential legislative deal to keep Insurance Companies from bailing on california. The deadline has passed for it to come together in time for the end of the legislative session tomorrow. Consumer advocates say that is a good thing, saying it essentially would have been a bailout for the industry that could have led to huge rate increases. We have been reporting how insurers have been cutting coverage in cali...