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Wildfire-prone California to consider new rules for property insurance pricing
California's insurance commissioner has proposed a plan that would allow insurance companies to consider climate risks when setting prices. Currently, California restricts insurers from factoring in current or future risks, which has led to top insurers pausing or restricting new business in the state.
California's insurance commissioner has proposed a plan that would allow insurance companies to consider climate risks when setting prices. Currently, California restricts insurers from factoring in current or future risks, which has led to top insurers pausing or restricting new business in the state. 
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