Walters: Legislature is avoiding key issues, including fire insurance crisis

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Walters: Legislature is avoiding key issues, including fire insurance crisis
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Lawmakers are also failing to address housing, CEQA reform and homelessness .

As the Legislature reconvenes this week for the final month of its 2023 session, it will be deciding the fate of hundreds of remaining bills.

The housing crisis is one. Another session will end without addressing misuse of the California Environmental Quality Act to stall or kill much-needed housing projects. Newsom persuaded the Legislature to reform CEQA’s effects of public works projects, but is apparently unwilling to take on the heavy lift of reforming its impact on housing.

There are many other issues being ignored, and one of the more important is a developing crisis in home insurance coverage as one-by-one, insurers shun the California market, saying that wildfires, construction costs and other factors are creating more financial exposure than they can cover with premiums.

An Assembly committee conducted a hearing into the crisis and the viability of catastrophe modeling two months ago. A staff report noted that “eight of California’s top 20 wildfires have occurred in the last half-dozen years, burning 8,512 structures,” with “the top three largest fires – the August Complex fire in 2020, the Dixie fire in 2021, and the Mendocino Complex fire in 2018 – burned a collective 2.45 million acres and destroyed 2,526 structures.

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