Regulations target insurance crisis

California property owners are not legally required to have insurance, but many do to protect against risks like wildfires. With increasing wildfires, insurers are hesitant to provide coverage. The state's insurance commissioner has proposed allowing insurers to use computer modeling for premiums and requiring coverage in high-risk areas. While some support this, Consumer Watchdog criticizes it for lacking transparency. The new rules will start in January to sustain the insurance market.