California offers catastrophe plan to draw insurers back to the state. But at what cost?

Good morning. It’s Friday, March 29. Here's what you need to know to start your day. California intends to attract insurers back with flexible policiesIt is shaping up to be a wet Easter weekend in SoCal Nineteen best late-night hangouts in Koreatown And here's today's e-newspaper The homeowners insurance crisis in California worsened last week when State Farm General Insurance announced that it wouldn't renew 72,000 property owner policies statewide.

During discussions last summer about the forward-looking models, Harvey Rosenfield, founder of Consumer Watchdog, stated: 'This has nothing to do with climate change; it's about the industry's greed and its 35-year campaign — so far unsuccessful — to escape the requirements of Prop. 103.' Proposition 1 An advocacy group for California cities supported Prop. 1. Now some members are leaving.Your guide to Proposition 1: Newsom’s overhaul of California’s mental health system.

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