Insurers won't be forced to offer home coverage after measure dropped

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Consumer Watchdog withdrew its ballot initiative that would have required California insurers to offer coverage to homeowners who fireproof their homes.

The move came after a competing industry measure was similarly dropped, in what the consumer group called an “armistice” safeguarding Proposition 103’s consumer protections.

Despite the truce, California’s insurance crisis persists as carriers flee high-risk areas, leaving over 625,000 homeowners reliant on the state-run FAIR Plan.

An initiative that would have required California insurers to offer policies to homeowners who fireproof their houses has been withdrawn after the backer of a competing industry measure similarly did so