California proposes greater ‘solvency’ oversight of insurers; industry balks
November 26, 2025 by John Hilton
In a year that began with devastating wildfires, California is proposing a disclosure regime to address the long-term solvency of insurance companies.
Insurance Commissioner Ricardo Lara unveiled the proposal last month and it focuses heavily on climate change data and policies.
The proposed regulation aims to strengthen the long-term financial oversight of insurers as the state confronts growing climate threats, rapid technological change and instability in global insurance markets.
Originally Posted at InsuranceNewsNet on Nov 19, 2025 by John Hilton.
Categories: Industry Articles
