Under a new insurance regulation that just got approved this week, California Insurance Commissioner Ricardo Lara said homeowners should have an easier time buying fire insurance, even in fire-prone areas.

California Insurance Commissioner Ricardo Lara has announced new regulations in a bid to extend coverage from insurers to more areas of the state at risk of wildfires. Under the new regulations, insurance companies will be able to use computer modeling,

California's Department of Insurance released rules meant to encourage insurers to write more policies in high-fire-risk areas by using computer modeling.