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Insurers voiced their support for the California Department of Insurance proposed sustainable insurance strategy, while advocates criticized it as lacking. “It's not clear to us how an insurer can meet a commitment to achieve 85% of its statewide market share within two years, or maintain 85% of its market share for three years, if the defined distressed area is changing every year,” said Seren Taylor, vice president of the Personal Insurance Federation of California. https://lnkd.in/en8bum6D #insurance #wildfires #climatechange