Insurance Companies Say They're Not Allowed to Plan for the ‘New Normal’ of Intense Wildfires - Voice of San Diego

Insurance Companies Say They're Not Allowed to Plan for the ‘New Normal’ of Intense Wildfires - Voice of San Diego: Insurance companies says state regulators aren’t letting them plan for climate change and the so-called “new normal” of intense wildfires. They warn of price spikes and more people being denied coverage. Regulators worry the industry’s models aren’t credible, and could be manipulated to overcharge consumers.