THROWBACK: The Brewing California Insurance Crisis | Episode 339
Update: 2025-01-13
Description
On July 31, 2023, California Insurance Commissioner Ricardo Lara held a briefing on how the new Safer From Wildfires regulation can help homeowners and businesses qualify for insurance discounts.
I was invited to the webinar.
At the time of this broadcast, insurance companies were pausing coverage, canceling policies, and some companies left the State altogether. As a homeowner, property manager, and real estate broker, I have first-hand knowledge of this. Here is my live reaction to it all.
SECTIONS
0:00 Brief History of California Wildfires & Safer From Wildfires Regulation
4:00 Webinar Start & Introductions
13:18 Briefing by Insurance Commissioner Ricardo Lara
29:29 Q&A Section
51:35 My Closing Thoughts
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