Newsom wants homeowners in burn areas to get interest earned on insurance payouts
Insurance payouts can accrue significant interest while the money sits in escrow during rebuilding, say proponents of a bill ...
Hoodline6h
Gov. Newsom Sponsors Bill to Redirect Insurance Payout Interest to Homeowners in Wake of LA Wildfires
Gov. Newsom sponsors a bill to ensure homeowners, not banks, earn interest on insurance payouts post-disasters.
Hey SoCal on MSN10h
Bill seeks to shift interest earned on insurance payouts to homeowners
A proposed assembly bill seeks to give interest earned on insurance payouts to homeowners, Gov. Gavin Newsom announced Monday ...
Newsom promotes bill to bring interest from fire-related insurance payments to homeowners
California Gov. Gavin Newsom (D) threw his support Monday behind legislation aimed at guaranteeing that wildfire-impacted ...
Consumer Reports1mon
How to File an Insurance Claim After a Wildfire
The horrific wildfires in Southern California highlight the need for homeowners insurance to ... typically at 10 percent to 12 percent of the insurance payout. In other states, there are either ...