Insurers of wineries and vineyards in CA. wildfire areas subject to DOI scrutiny
In what may give some hope to California’s beleaguered wineries and vineyards in high wildfire risk areas, California Insurance Commissioner Ricardo Lara last Tuesday directed insurers to provide details about cancellation, nonrenewal, or rejection of commercial insurance policies. Agribusiness insurance carriers operating in California or participating in the California Fair Plan Association were given 60 […]
The Looming Crisis in Winery Insurance
The year 2020 shook California’s wine industry to its core. Challenges from the COVID-19 pandemic, ensuing quarantines, and wildfires tested the staying power of even the largest wineries. Now the wine industry faces a more considerable and more long-term challenge as the traditional insurers of wineries exit the business. Once one of the darlings of […]
