California legislature passes bill that gives interest on insurance payouts to homeowners
Financial News
CNBC

California legislature passes bill that gives interest on insurance payouts to homeowners

Why This Matters

The bill, which would apply to both existing insurance payouts and to any new escrow accounts, heads to Gov. Gavin Newsom's desk for his signature.

August 18, 2025
10:11 PM
3 min read
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  • Financial sector news can impact lending conditions and capital availability for businesses

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  • Could this financial sector news affect lending conditions and capital availability?

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