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California proposes government-backed reinsurance to lower home insurance costs.
A new proposal aims to provide affordable home insurance for Californians facing high costs due to wildfires and climate change.
The plan suggests government-backed reinsurance and financial support to help stabilize the market and ensure families can keep their homes protected.
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California propone un reaseguro respaldado por el gobierno para reducir los costos de seguros de hogar.