California is addressing the insurance crisis in high wildfire risk areas by implementing a new plan to improve coverage. The initiative aims to ensure a minimum of 85% of residents in affected areas can obtain coverage. Insurance companies will need to increase coverage in these regions, using catastrophe models to calculate rates based on future risks. This move is expected to stabilize insurance and make it more affordable, although critics warn it could lead to rate hikes. The policy will be overseen by existing mechanisms to ensure accountability.