Sen. Dodd Comments on Insurance Order, Sustainable Insurance Strategy

Thursday, September 21, 2023

 

SACRAMENTO – Sen. Bill Dodd, D-Napa, issued the following statement today on an executive order from Gov. Gavin Newsom to stabilize the California insurance market and the release of Insurance Commissioner Ricardo Lara’s Sustainable Insurance Strategy:

“I want to thank the governor and insurance commissioner for stepping up to address California’s insurance crisis,” said Sen. Bill Dodd, D-Napa. “Because clearly, the status quo is not working. It is critically important that we adopt policies and efficiencies that are going to ensure the availability of insurance. Given that the Legislature is not in session right now, utilizing the commissioner’s regulatory authority makes good sense. I know there is work that still needs to be done and I’ll be supporting these efforts any way I can.”

Links: https://www.gov.ca.gov/2023/09/21/governor-newsom-signs-executive-order-to-strengthen-property-insurance-market/

https://www.insurance.ca.gov/0400-news/0100-press-releases/2023/release051-2023.cfm

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Senator Bill Dodd represents the 3rd Senate District, which includes all or portions of Napa, Solano, Yolo, Sonoma, Contra Costa, and Sacramento counties. You can learn more about the district and Senator Dodd at www.sen.ca.gov/dodd.