Webon thursday, insurance commissioner ricardo lara unveiled an agreement calling for insurers to return to wildfire zones, but giving companies an.

(ap) — california will let insurance companies consider climate change when setting their prices, the state’s chief regulator announced.

Webinsurance companies have dramatically pulled back from offering homeowners policies in california.

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Webunder new details of a plan first announced in july, insurance companies will be required to cover half the cost of losses of up to $2 billion in total claims — $1.

That's tied to inflation and wildfires fueled by climate.

California Fair Plan: Wildfire Claims Explained

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