Latest news with #LisaCalderon
Miami Herald
4 days ago
- Business
- Miami Herald
State lawmakers considering policy changes after LA wildfires
SACRAMENTO, Calif. - Nearly six months after a firestorm ravaged communities across Los Angeles, California lawmakers are crafting legislation to try to protect the state insurance program for high-risk homes from financial collapse. A bill, AB 226, sponsored by Assemblymembers Lisa Calderon, D-Whittier, and David A. Alvarez, D-San Diego, would make the state's insurer of last resort, the FAIR Plan, eligible for loans and bonds from the state-backed California Infrastructure and Economic Development Bank to avoid running out of money after a disaster. Alvarez proposed the measure last year but it failed to pass. Despite receiving unanimous support in the Assembly, the bill never reached the Senate floor for a vote before the end of the 2024 legislative session. If the measure had passed last year and been signed into law by the governor, the FAIR Plan would have had more flexibility to weather the massive number of claims filed after the January firestorms, Alvarez said. Instead, the FAIR plan was forced to imposed an extra $1 billion in total assessments on insurers that provide homeowners policies in California. To recoup those expenses, insurance companies are expected to hike rates on homeowners through monthly surcharges. "Had they had this option available to them ... they would not be having to hit consumers with price increases on the private market now," Alvarez said. AB 226 is one of many wildfire-related bills still winding their way through the slow legislative process. If passed into law, the measures would protect homeowners from price gouging after disasters, streamline the process for filing claims for lost property and offer financial protections for disaster victims. Lawmakers and Gov. Gavin Newsom in January approved $2.5 billion in wildfire aid after the Palisades and Eaton fires killed more than two dozen people and became the second and third most destructive fires in state history. Legislative leaders at the time signaled for a swift, bipartisan approach to the disaster. "Tens of thousands of our neighbors, our families and friends, they need help. This means that we need to be able to move with urgency, put aside our differences, and be laser-focused on delivering the financial resources, delivering the boots on the ground that are needed and the policy relief that is needed to get neighborhoods cleaned up and communities rebuilt," Senate President Pro Tem Mike McGuire, D-Healdsburg, said after it passed. California's last-ditch home insurer, the FAIR Plan, is meant as a backup for properties deemed high-risk and uninsurable by private companies. A Times analysis found that within the Eaton and Palisades fire zones, the number of homes on the plan nearly doubled between 2020 and 2024 and the plan has become one of the state's largest insurers. Amid lawsuits alleging collusion between private insurers and the FAIR Plan and policyholders raising concerns about delays in payments and smoke damage investigations, lawmakers and insurance advocates have repeatedly called for better safety nets - like the one proposed in AB 226 - to keep the insurer solvent in emergencies and viable as a long-term solution to the state's home insurance problem. This year, Alvarez was joined on the bill by Calderon, chair of the Assembly's insurance committee. It passed through the Assembly at the beginning of March but has not yet seen its first Senate committee. Alvarez celebrated the bill's swift passage through the Assembly and hopes the Senate will work to do the same, "God forbid, if it has to be used because of a devastating fire this summer," he said. Other major wildfire bills being considered by lawmakers include: •AB 493, which would require lenders to pay policyholders interest on disaster insurance payouts that are held in escrow. The measure, authored by Assemblymember John Harabedian, D-Pasadena, would close a loophole in existing law, which already requires interest payments on other escrowed funds. •AB 597, also introduced by Harabedian, which would keep public insurance adjusters from gouging homeowners, especially after a natural disaster or state of emergency. •SB 495, which would prevent insurers from requiring an itemized list of personal property losses from policyholders during a state of emergency, and would require insurers to provide extensions where reconstruction is delayed. The bill, introduced by state Sen. Benjamin Allen - who represents the Pacific Palisades and Santa Monica areas - passed a Senate floor vote on Tuesday and is headed to the Assembly. Most of the pending legislation won't directly support survivors of the Palisades and Eaton fires but are still important to the rebuilding process, said Maryam Zar, president emeritus of the Pacific Palisades Community Council and founder of the Palisades Recovery Coalition. The new laws would help prevent and prepare for future fires, she said, and are a show of goodwill to the communities that are suffering still. Some other fire relief measures focus on easing the permit process for rebuilding, while others extend provisions set by Newsom during the state of emergency - easing tenancy rights for people staying in temporary housing for longer than 30 days, shortening the permit approval timeline and securing mortgage forbearance for destroyed properties for up to a year after the disaster. Others look to address staffing issues for the California Department of Forestry and Fire Protection as fire season turns into a year-round threat. "Wildfire survivors continue to face housing insecurity, financial strain, and emotional trauma long after the immediate danger has passed," Los Angeles County Supervisor Lindsey Horvath said in a statement. "These State bills represent a commitment to meeting people where they are - actively in recovery, rebuilding their lives, and in need of our long-term support." Copyright (C) 2025, Tribune Content Agency, LLC. Portions copyrighted by the respective providers.
E&E News
4 days ago
- Business
- E&E News
Calif. lawmaker exempts farms, schools from bill slashing solar subsidies
SACRAMENTO, California – Assemblymember Lisa Calderon exempted public schools and farms from her proposal to reduce subsidies for some rooftop solar customers as both opponents and proponents ramp up their fight ahead of a key legislative deadline this week. What happened: The amendments published late Monday eliminate one of several hurdles for the bill, AB 942, as it faces Friday's deadline to pass out of its house of origin. Michael Boccadoro, who represents the Agricultural Energy Consumers Association, said in an interview that his group was removing its opposition to the bill following the exemption and that other farming groups were expected to follow. The amendments don't change the main premise of the bill, which is to reduce payments for customers who installed rooftop solar panels before 2023. Advertisement Why this matters: AB 942 has reignited a fiery debate over the payments, which customers get on their bills for selling their surplus energy back to the electric grid through a process called 'net metering'.
Yahoo
4 days ago
- Business
- Yahoo
State lawmakers considering policy changes after L.A. wildfires
Nearly six months after a firestorm ravaged communities across Los Angeles, California lawmakers are crafting legislation to try to protect the state insurance program for high-risk homes from financial collapse. A bill, AB 226, sponsored by Assemblymembers Lisa Calderon (D-Whittier) and David A. Alvarez (D-San Diego), would make the state's insurer of last resort, the FAIR Plan, eligible for loans and bonds from the state-backed California Infrastructure and Economic Development Bank to avoid running out of money after a disaster. Alvarez proposed the measure last year but it failed to pass. Despite receiving unanimous support in the Assembly, the bill never reached the Senate floor for a vote before the end of the 2024 legislative session. If the measure had passed last year and been signed into law by the governor, the FAIR Plan would have had more flexibility to weather the massive number of claims filed after the January firestorms, Alvarez said. Instead, the FAIR plan was forced to imposed an extra $1 billion in total assessments on insurers that provide homeowners policies in California. To recoup those expenses, insurance companies are expected to hike rates on homeowners through monthly surcharges. "Had they had this option available to them ... they would not be having to hit consumers with price increases on the private market now," Alvarez said. AB 226 is one of many wildfire-related bills still winding their way through the slow legislative process. If passed into law, the measures would protect homeowners from price gouging after disasters, streamline the process for filing claims for lost property and offer financial protections for disaster victims. Lawmakers and Gov. Gavin Newsom in January approved $2.5 billion in wildfire aid after the Palisades and Eaton fires killed more than two dozen people and became the second and third most destructive fires in state history. Legislative leaders at the time signaled for a swift, bipartisan approach to the disaster. 'Tens of thousands of our neighbors, our families and friends, they need help. This means that we need to be able to move with urgency, put aside our differences, and be laser-focused on delivering the financial resources, delivering the boots on the ground that are needed and the policy relief that is needed to get neighborhoods cleaned up and communities rebuilt," Senate President Pro Tem Mike McGuire (D-Healdsburg) said after it passed. California's last-ditch home insurer, the FAIR Plan, is meant as a backup for properties deemed high-risk and uninsurable by private companies. A Times analysis found that within the Eaton and Palisades fire zones, the number of homes on the plan nearly doubled between 2020 and 2024 and the plan has become one of the state's largest insurers. Amid lawsuits alleging collusion between private insurers and the FAIR Plan and policyholders raising concerns about delays in payments and smoke damage investigations, lawmakers and insurance advocates have repeatedly called for better safety nets — like the one proposed in AB 226 — to keep the insurer solvent in emergencies and viable as a long-term solution to the state's home insurance problem. Read more: Insurer of last resort kept growing. Then L.A. fire victims paid the price This year, Alvarez was joined on the bill by Calderon, chair of the Assembly's insurance committee. It passed through the Assembly at the beginning of March but has not yet seen its first Senate committee. Alvarez celebrated the bill's swift passage through the Assembly and hopes the Senate will work to do the same, "God forbid, if it has to be used because of a devastating fire this summer," he said. Other major wildfire bills being considered by lawmakers include: AB 493, which would require lenders to pay policyholders interest on disaster insurance payouts that are held in escrow. The measure, authored by Assemblymember John Harabedian (D-Pasadena) would close a loophole in existing law, which already requires interest payments on other escrowed funds. AB 597, also introduced by Harabedian, which would keep public insurance adjusters from gouging homeowners, especially after a natural disaster or state of emergency. SB 495, which would prevent insurers from requiring an itemized list of personal property losses from policyholders during a state of emergency, and would require insurers to provide extensions where reconstruction is delayed. The bill, introduced by state Sen. Benjamin Allen — who represents the Pacific Palisades and Santa Monica areas — passed a Senate floor vote on Tuesday and is headed to the Assembly. Read more: Did insurers collude to force homeowners onto state insurance plan? What to know from two blockbuster lawsuits Most of the pending legislation won't directly support survivors of the Palisades and Eaton fires but are still important to the rebuilding process, said Maryam Zar, president emeritus of the Pacific Palisades Community Council and founder of the Palisades Recovery Coalition. The new laws would help prevent and prepare for future fires, she said, and are a show of goodwill to the communities that are suffering still. Some other fire relief measures focus on easing the permit process for rebuilding, while others extend provisions set by Newsom during the state of emergency — easing tenancy rights for people staying in temporary housing for longer than 30 days, shortening the permit approval timeline and securing mortgage forbearance for destroyed properties for up to a year after the disaster. Others look to address staffing issues for the California Department of Forestry and Fire Protection as fire season turns into a year-round threat. 'Wildfire survivors continue to face housing insecurity, financial strain, and emotional trauma long after the immediate danger has passed," Los Angeles County Supervisor Lindsey Horvath said in a statement. "These State bills represent a commitment to meeting people where they are — actively in recovery, rebuilding their lives, and in need of our long-term support.' Sign up for Essential California for news, features and recommendations from the L.A. Times and beyond in your inbox six days a week. This story originally appeared in Los Angeles Times.
Los Angeles Times
4 days ago
- Business
- Los Angeles Times
State lawmakers considering policy changes after L.A. wildfires
SACRAMENTO — Nearly six months after a firestorm ravaged communities across Los Angeles, California lawmakers are crafting legislation to try to protect the state insurance program for high-risk homes from financial collapse. A bill, AB 226, sponsored by Assemblymembers Lisa Calderon (D-Whittier) and David A. Alvarez (D-San Diego), would make the state's insurer of last resort, the FAIR Plan, eligible for loans and bonds from the state-backed California Infrastructure and Economic Development Bank to avoid running out of money after a disaster. Alvarez proposed the measure last year but it failed to pass. Despite receiving unanimous support in the Assembly, the bill never reached the Senate floor for a vote before the end of the 2024 legislative session. If the measure had passed last year and been signed into law by the governor, the FAIR Plan would have had more flexibility to weather the massive number of claims filed after the January firestorms, Alvarez said. Instead, the FAIR plan was forced to imposed an extra $1 billion in total assessments on insurers that provide homeowners policies in California. To recoup those expenses, insurance companies are expected to hike rates on homeowners through monthly surcharges. 'Had they had this option available to them ... they would not be having to hit consumers with price increases on the private market now,' Alvarez said. AB 226 is one of many wildfire-related bills still winding their way through the slow legislative process. If passed into law, the measures would protect homeowners from price gouging after disasters, streamline the process for filing claims for lost property and offer financial protections for disaster victims. Lawmakers and Gov. Gavin Newsom in January approved $2.5 billion in wildfire aid after the Palisades and Eaton fires killed more than two dozen people and became the second and third most destructive fires in state history. Legislative leaders at the time signaled for a swift, bipartisan approach to the disaster. 'Tens of thousands of our neighbors, our families and friends, they need help. This means that we need to be able to move with urgency, put aside our differences, and be laser-focused on delivering the financial resources, delivering the boots on the ground that are needed and the policy relief that is needed to get neighborhoods cleaned up and communities rebuilt,' Senate President Pro Tem Mike McGuire (D-Healdsburg) said after it passed. California's last-ditch home insurer, the FAIR Plan, is meant as a backup for properties deemed high-risk and uninsurable by private companies. A Times analysis found that within the Eaton and Palisades fire zones, the number of homes on the plan nearly doubled between 2020 and 2024 and the plan has become one of the state's largest insurers. Amid lawsuits alleging collusion between private insurers and the FAIR Plan and policyholders raising concerns about delays in payments and smoke damage investigations, lawmakers and insurance advocates have repeatedly called for better safety nets — like the one proposed in AB 226 — to keep the insurer solvent in emergencies and viable as a long-term solution to the state's home insurance problem. This year, Alvarez was joined on the bill by Calderon, chair of the Assembly's insurance committee. It passed through the Assembly at the beginning of March but has not yet seen its first Senate committee. Alvarez celebrated the bill's swift passage through the Assembly and hopes the Senate will work to do the same, 'God forbid, if it has to be used because of a devastating fire this summer,' he said. Other major wildfire bills being considered by lawmakers include: Most of the pending legislation won't directly support survivors of the Palisades and Eaton fires but are still important to the rebuilding process, said Maryam Zar, president emeritus of the Pacific Palisades Community Council and founder of the Palisades Recovery Coalition. The new laws would help prevent and prepare for future fires, she said, and are a show of goodwill to the communities that are suffering still. Some other fire relief measures focus on easing the permit process for rebuilding, while others extend provisions set by Newsom during the state of emergency — easing tenancy rights for people staying in temporary housing for longer than 30 days, shortening the permit approval timeline and securing mortgage forbearance for destroyed properties for up to a year after the disaster. Others look to address staffing issues for the California Department of Forestry and Fire Protection as fire season turns into a year-round threat. 'Wildfire survivors continue to face housing insecurity, financial strain, and emotional trauma long after the immediate danger has passed,' Los Angeles County Supervisor Lindsey Horvath said in a statement. 'These State bills represent a commitment to meeting people where they are — actively in recovery, rebuilding their lives, and in need of our long-term support.'
CBS News
28-05-2025
- Business
- CBS News
California lawmakers nearing vote on controversial solar power bill that cuts compensation for rooftop systems
State lawmakers are getting closer to a vote on a bill that would, once again, change the way owners of rooftop solar power systems are compensated for the energy they add to the grid. Opposition to the bill has been fierce, and on Tuesday, solar advocates rallied outside the Capitol in Sacramento. "No AB 942! No AB 942!!" chanted a group of angry solar owners across the street from the State Capitol building. They have not been shy in expressing their views about Assembly Bill 942. The bill is authored by Southern California Assemblymember Lisa Calderon, who has been telling various Assembly committees that the 20-year solar incentives, created by the legislature, no longer work. "Today," she said, "subsidies are no longer fair or equitable and have led to a cost shift onto non-solar customers to ensure the grid is maintained. This cost shift amounted to an estimated $8.5 billion last year alone, and is expected to increase in future years." The argument is that early adopters of solar are getting such a high price for the excess energy they produce that they avoid paying for the cost of the grid and PG&E's operation, including the billions of dollars being spent to mitigate wildfires. That leaves those who don't have solar to pay those costs, and Calderon said it's not a small amount. "In total, the cost shift onto non-solar customers is roughly 25% of a non-solar customer's energy bill," she said. "Well, they're lying," said Dave Rosenfeld, director of the Solar Rights Alliance. "There's a dozen economists that have completely debunked that claim that somehow solar customers are to blame for high rates." He said what's being ignored is all the energy that rooftop solar is providing that the big utilities do NOT have to pay to create. And they're mad as hell that the state is considering breaking its written contract with solar owners. "It refers to the 20-year terms as a 'guarantee,' that's the CPUC's own words," said Rosenfeld. "So, in every way, for all of this time, the State has been representing this as a contract, as a legal agreement, something that is very, very serious. And people made long-term financial decisions believing the State at its word, that it was a guarantee, that it was a contract." Initially, AB 942 proposed to cut the 20-year payment term to only 10 years. But the outcry over that was such that it was removed from the bill. Now, the argument is over what happens if someone with a favorable contract sells their home. Under the current rules, the new owner would inherit the previous solar agreement. Under AB 942, the agreement would end, and they would get a much lower rate for their energy. Solar owner Kathy Schiffer considers that a betrayal. "I do want to sell my house in the future, and so this is going to be an addition to my house, would make it more attractive. And now, it won't be that," she said. "To me, the whole thing has just kind of fallen apart. The reason to get solar, the financial reason to get solar, has fallen apart." Even under the new proposed rules, a solar power system would still be a better deal than no solar at all. The question is how long it would take for the system to pay for itself and how attractive it may be to buyers when it comes time to sell the home.
