Pay them properly so they dont have to work in the grey or even darker areas to earn a living. Politicians should be banned from trading stocks. But they should also be paid properly
@@martinwinther6013 The money is money for one's election campaign. Lobbyists don't deposit money in someone's personal pockets. The money goes to campaign war chests, so a politicians can support their next election, thereby keeping them in office. Politician's personal salaries are quite cushy. You can live a comfortable middle class life.
makes no sense our politicians can receive campaign contributions or that they meet behind closed doors with no eye for the public. no public official should be allowed to converse with private entity if it's not recorded for tax payers.
@@teddymoon3744 politicians should be voted based on the volunteers that have been serving the common people not the top 1%... cause you want people who knows how to do their job as well..
@@teddymoon3744 wtf!!! so you are saying anyone can volunteer to be in office?! even the volunteer has no experience no education on how to do this job?! are you ' f ' kidding me?!
@@teddymoon3744 YeaerrmmmmNO!. Are you out of your mind?? That would leave them all ripe and open for bribes. You have to pay politicians a proper salary. Would you want to have people with no prior experience work with things as important as running a country?? Amateurs coming in for a limited period, to be replaced with new amateurs would cause chaos faster than you can blink. Politicians needs to be paid high salaries. Way higher than currently. Theyre giving up potential careers like being a lawyer, a doctor, CEO or journalist. Politicians are genrally speaking underpaid when compared to "similar" positions. (The high salaries should obviously go hand in hand with a total ban for trading stocks that are affected by laws theyre working on.) Problem is the non-career politicians who run for office for a few periods, just until their own personal interets have been looked at. We NEED lifetime politicians, so we can hold them accountable when shit happens. Having a volunteer to come in and do a piece of work for a few years would open for people who have no ties, no obligations, nothing to lose and no interest in seeing things come together years down the road. plz think
Doesn't really matter if the insurers are bribing politicians because insurance companies are still pulling out of California. These laws to help homeowners on their premiums don't really help if the insurance companies still don't want to write policies in California. None of the legislation proposed helps insurance companies to want to write policies in California.
1, The Oakland Hills fire (the biggest urban fire in US history) was due to firefighters responding to a grass fire by spraying some water, and then driving off to dinner (not staying and checking if they actually put out the fire). 2. After the Loma Prieta and Northridge earthquakes, Sacramento tried to extort insurers by requiring earthquake coverage in every homeowners policy. The insurers called their bluff and stopped selling homeowners insurance in the state entirely. The Legislature was forced to retreat. 3. Insurance is a synthetic derivative security. It is created with a pen and paper. There is never a shortage. It is only a question of how much the premiums are.
Favorite part of Northridge - Amy Zuniga's testimony that the State Farm office she worked in had policies spread all over the floor - with employees riffing through and forging policyholder signatures on the earthquake coverage exclusion.
I had one tree removed earlier this year and it was $850. If you've got a fair amount of property I could see it costing that much including the cleanup and removal. They used to be able to sell off the trees as firewood but not so much these days.
Good Job ABC 7! These jokers need to be held to task. The 'poop' in the room is campaign finance money. We should have strict donation laws that simply state: If I cannot vote for you I cannot give you money. PERIOD. That would end corporate funding and would make chasing 'the money' much easier. The insureres need to be heard, but not in a disproportionate way.
When multiple insurance companies refuse to take your money and do business in your state the problem is regulators and legislators who do not understand how the industry works. We are 30+ year customers and do NOT live in a fire zone. We were non-renewed. This is about more than fire zones. The truth is the current administration wants to move insurance directly under state control entirely, just like earthquake insurance in california is now (no private insurance)
There is no insurance “market” anymore in California, not in the sense of supply and demand operating normally. The state has manipulated the industry so long that only a few deep-pocketed companies can make money here. Fewer players = less competition = higher rates.
Where is the bad falth? Do you understand the concept? Just because the insurance company won't write a policy where you want it and at a price you think is fair, doesn't equal bad faith.
@@brocklanders6969 Bad faith:refusing to cover legitimate losses then raising rates as punishment or refusing coverage for making a claim. Oh, I have plenty of experience. Although I prevailed in my claims thanks to brilliant legal representation, dealing with providers since is impossible. So yea. BAD FAITH. And yea, I understand the concept of selling security and refusing to deliver.
@@Sondan1988 Stop buying services? Unfortunately the services are mandatory. Homeowners, renters, auto and most health are non negotiable in a free market. Where do you live to be so dense?
Rather than blaming the insurance companies or questioning donations, you should focus on the rates insurance companies are permitted to charge and the huge costs from recent fires they have faced. The insurance companies, like all companies, are in business to make a profit. If there costs have gone up significantly, and their ability to recoup those costs is restricted, what are they supposed to do?
The problem is insurance companies are national. When you file 5 claims over a 20 year period, that raises all of our premiums. Fact is you shouldn't be building in these areas at all. You shouldn't get a discount just for doing the bare minimum to protect your home the the local environment.
We are not getting pissed enough. Clearly. Janet Nguyen she is from Orange County. The section where it’s all urban no trees like here in No. Cal she definitely does not give a dam about No Cal residents.
Lmao. Yea blame Republicans when democrats have a comfortable majority in BOTH houses and the governorship. Tell me you're a brainwashed tool without telling me you're a brainwashed tool. 😂😂
Hardening by individual homeowners is not all that effective if their property is surrounded by properties that were not hardened. Embers fly. Therefore, passing a bill to require insurance companies to give mandatory discounts to individual properties does not make good business sense and, if those laws had passed, it would have provided even more reason for private insurance companies to withdraw from California. Maybe our woke media comrades should be thanking those legislators who did not support the bills rather than trying to vilify them. P.S. - you forgot to blame Trump, MAGA conservatives, and white Christian heterosexual males as they seem to be blamed for everything else that our Democrat overlords screw up.
With people building houses in fire-prone areas, and unchecked criminality in the state, no normal company would provide insurance for such stark risks. Homeowner "fire-mitigation" efforts cannot stop a wildfire driven by 50 mph winds. The best mitigation is to not live in chaparral and dry-forest areas that evolved because of frequent wildfires.
The insurance companies have spent decades taking money from the consumers, and now that they actually have to start paying out..... they won't provide coverage. Fine ....every person who is denied coverage should get a full refund of every cent They have paid since the start of their policy. If insurance companies are not going to pay out like they promise, then they should refund the entire policy. And if they go bankrupt, oh well
Oh but if they can't afford to pay out and go bankrupt, then how will they provide insurance? News flash, they are not providing insurance. They are doing the Donald Trump grift of promising something, collecting money, then changing the circumstances and walking away.
We live in what is basically Mark Twain National Forest in the Ozarks. Our home is earth sheltered and is fully fire, flood, and weather mitigated. Our biggest risk is an earthquake and we have backup plans for that. We are self-insured because the risk is low and we can afford to replace our debt-free home and contents. I don't understand the value of mortgaging a cookie cutter McMansion in a dangerous location and then expecting everyone else to shoulder your losses. I won't participate in that marketplace. Don't build at the waters edge, in a flood plain, and in a tinderbox unless you can self-insure. Assess your own risks. Buy less stuff to worry about. Put your pictures on the cloud.
Where you live is personal choice. Any action by government to force insurance companies to lower rates on high risk properties would be financed by the rest of us in higher rates, or they could leave CA altogether. The same people who rant against CA for taxes & regulations have no problem crying for government assistance when it affects them. I don't want to pay higher premiums or tax because they choose to live in a high risk area. Move.
Fire hardening is very difficult and nearly impossible in some areas. My son is a wildland firefighter and he sees lots of places where the homeowners do a bit but they don't want to cut back the vegetation because it will look bare and ugly. To do it right requires work and ongoing maintenance. To really protect you'll need a water supply and pumping system with sprinklers to work while the fire approaches and passes. So enough water for about an hour and even then just one ember in a place where they let debris collect and it's game over.
I also noted that the PG&E power company and affiliates got grants to keep them in the game. Never were held accountable for the deaths and property 💔 And Newsoms lawyers that were connected to PG&E defense were also paid. The normal people burned 🔥 out layed up in extreme heat in parking lots. Crime sky rocketed and supposed entrepreneurs and money scams spread. The tickets, towing of vehicles, loss of homes, and CHEAP real-estate also skyrocketed. However, very little restoration occured. A bunch of billionaires did come and set up a lithium energy collomerate out there at the Salt sea, and others bought up a bunch of land to build their own societies out here. Feels like the devil's Ejaculating all over the rural world stage.
Who will provide these discounts? Companies want to make money. They leave when they don't. Government can not dictate rates. Save the premiums you would be paying and self finance when you have a claim.
Every time legislators get involved in what is a business transaction, they mess it up. Consider that if the legislators stayed out of the demands on insurance companies, the insurance companies would still be willing to stay in the state and write policies?
If you own your home outright,you can get by without having to have fire insurance. If it’s mortgaged you have to have it. Once insurance is dropped, the only option is “state” insurance, which is 5X a higher cost. Which could lead to a foreclosure. So the state or banks win. Especially the banks, they get the foreclosures and resale them at top dollar. Due to the high housing prices being so high in Cali.
'What about the people who can't' - yeah? Like solar? California consistently shifts the financial burden onto those who can least afford it. Currently fire risk is spread across the whole risk pool. Think about it.
Fire mitigation shouldn't be a suggestion. It should be an ordinance and manadatory for each and every homeowner. Since it's not, that means if you pay 10k, but someone in the neighborhood pays 0, you're still in the same risky environment.
If you been paying into these companies to be insured only to be dropped when you may need them most, I’d sue, to at the very least get all the money back I paid into a company that’s supposed to be there in a time of need. Then take THAT money to do what I can for my home. Moving is a last resort.
I think those homeowners should install sprinkler systems around their property and on their rooftops. It might just help save their home should a fire happen.
It starts at the beginning. If communities are going to allow development in an area where wildfires can happen they should had restrictions in place for homes and buildings to be hardened for construction.
Ya know, if you funded thinning of forests and clearing of dead limbs and undergrowth which used to be done by the logging industry there would be less fires and the insurance would get lower. Insurance companies have their rates limited by the government, they can’t just charge way over their income. Many insurance companies decided after the government in California refused to allow them to raise rates in line with higher building costs that they would pull out all together. If you lower the cost of doing business insurance will get cheaper, a big way to do that is mitigating fire hazards in the first place.
Fire risk comes from larger landscape mismanagement, primarily on public lands, for many decades. The State should invest in reducing fire risk and not letting fuel loads build up. Start arresting criminals and get them on forestry crews. Once environmental risk is lower, companies might come back and make the insurance market competitive again.
Are the houses that burn down assessed to see if any fire mitigation (hardening) efforts were undertaken and if they were of practical benefit to survival or otherwise. Why make insurance/actuarial models open, when aftermath investigations and assessments are not undertaken and the results gathered up to inform future mitigation planning.
So gross. They need to resign today. My sister paid for years and years to her insurance company and they dropped her. Never had a claim either. But dropped her anyway. And she had to find another insurance company for her house. So they are allowed to get paid for decades and just drop a client cause they might have to pay. And now we know why these companies got away with it. Disgusting. This makes me so mad.
It does sound complicated and why should home owners in low risk areas have to subsidize those in high risk areas As for the campaign contributions I have no problem with limits of no more than 10,000 dollars from any one company and no more than 50,000 any industry Union or Same like organization.
Because California has its own insurance company and has increased rates in 2022, then the insurance doubled in 2024. Also our politicians passed a bill that cost more and regulations changed and cause the problem.
Yes, politicians are corrupt but I don't see how forcing the insurers to consider XYZ will help if they are not even willing to insure. Like any other business, they are in it for profit. So does the state allow insurers to nail those in high risk areas without mitigation with high premiums while the rest of us in low risk areas pay premiums that commensurate with our fire risk? That's how insurance is supposed to work right? High risk, pay more. Low risk pay less. I'm low risk and my rates have gone up 100%.
Insurance being expense in fire prone areas , how much would a hmeowner realistically save on their insurance once they spent all that money hardening the home against fire? Sounds to me that the homeowners loses wheather they pass such a bill or not.
The japanese awarded the Deming Prise to Florida Power and light for coming up with a computer program that dictates the schedule for how they cut brush along utility easements of poles and strung wire, a system referred to in codes as "farm wiring" or "temporary wiring". It is an Idiocracy.
California can't mandate anything right now. Too many insurance companies having stop writing and renewing homeowners policies. 14% of home sales fail because the buyer can't get insurance. Insurance companies are not in business to lose money and only need a reason to drop California.
P.O.S. Politician. It's not about the interest of the people but it's always about the money.
It is about the money. Insurance is a for profit industry, and if California is not profitable, insurance companies will leave the state.
Pay them properly so they dont have to work in the grey or even darker areas to earn a living.
Politicians should be banned from trading stocks. But they should also be paid properly
@@martinwinther6013 The money is money for one's election campaign. Lobbyists don't deposit money in someone's personal pockets. The money goes to campaign war chests, so a politicians can support their next election, thereby keeping them in office. Politician's personal salaries are quite cushy. You can live a comfortable middle class life.
@@lambertlum1087 You forgot generous retirement benefits.
Corruption is the culprit.
yep the big 8 senators they showed the photos of are all republicans working for insurance companies
politicians should be a VOLUNTEER JOB. no pay....chosen at random like a jury.....5 year max terms
makes no sense our politicians can receive campaign contributions or that they meet behind closed doors with no eye for the public. no public official should be allowed to converse with private entity if it's not recorded for tax payers.
Good luck finding out who voted it down and what party they are from. Or the rationale for doing it. That isn't easy information to find.
@@velvetbees Not hard at all it was republicans.
this is what happens when lobbying is allow...
politicians should be a VOLUNTEER JOB. no pay....chosen at random like a jury.....5 year max terms
@@teddymoon3744
politicians should be voted based on the volunteers that have been serving the common people not the top 1%... cause you want people who knows how to do their job as well..
@@yehuo2825 wrong. thats the problem. $$$ you are naive or corrupt
@@teddymoon3744
wtf!!! so you are saying anyone can volunteer to be in office?! even the volunteer has no experience no education on how to do this job?! are you ' f ' kidding me?!
@@teddymoon3744 YeaerrmmmmNO!. Are you out of your mind?? That would leave them all ripe and open for bribes. You have to pay politicians a proper salary. Would you want to have people with no prior experience work with things as important as running a country?? Amateurs coming in for a limited period, to be replaced with new amateurs would cause chaos faster than you can blink.
Politicians needs to be paid high salaries. Way higher than currently.
Theyre giving up potential careers like being a lawyer, a doctor, CEO or journalist. Politicians are genrally speaking underpaid when compared to "similar" positions. (The high salaries should obviously go hand in hand with a total ban for trading stocks that are affected by laws theyre working on.)
Problem is the non-career politicians who run for office for a few periods, just until their own personal interets have been looked at. We NEED lifetime politicians, so we can hold them accountable when shit happens.
Having a volunteer to come in and do a piece of work for a few years would open for people who have no ties, no obligations, nothing to lose and no interest in seeing things come together years down the road.
plz think
Doesn't really matter if the insurers are bribing politicians because insurance companies are still pulling out of California. These laws to help homeowners on their premiums don't really help if the insurance companies still don't want to write policies in California. None of the legislation proposed helps insurance companies to want to write policies in California.
1, The Oakland Hills fire (the biggest urban fire in US history) was due to firefighters responding to a grass fire by spraying some water, and then driving off to dinner (not staying and checking if they actually put out the fire).
2. After the Loma Prieta and Northridge earthquakes, Sacramento tried to extort insurers by requiring earthquake coverage in every homeowners policy. The insurers called their bluff and stopped selling homeowners insurance in the state entirely. The Legislature was forced to retreat.
3. Insurance is a synthetic derivative security. It is created with a pen and paper. There is never a shortage. It is only a question of how much the premiums are.
Favorite part of Northridge - Amy Zuniga's testimony that the State Farm office she worked in had policies spread all over the floor - with employees riffing through and forging policyholder signatures on the earthquake coverage exclusion.
Vote them out!
yes, vote to make the insurance free. typical socialism/liberal, good for CA.
That sure seems to work huh! Its commi fornia!
100,000 to remove trees and bushes? Are you chopping down an entire forest or something? Jeez...
My dad and I be out there with hedge trimmers 😂
You never hired a tree trimmer service?
Workman’s comp ins. Injury’s doing roofing, tree trining, etc are not small ones. Typically life altering injury’s.
Equipment costs money. Some equipment a basic skid steer with a 5-1 bucket will run about $80k.
I had one tree removed earlier this year and it was $850. If you've got a fair amount of property I could see it costing that much including the cleanup and removal. They used to be able to sell off the trees as firewood but not so much these days.
“Too complicated” means “we were bribed”
Why lobbyists should be arrested. How is this legal?
Thank you for doing this kind of journalism
It's always about the money $$$. :(
Well….Come paint my house for free. I’ll provide the paint and all meals.
No profit. No insurance. If you want insurance, make sure there is profit for an insurance company to insure home owners.
"I don't feel like I got an answer to that question." That was a brilliant followup, wish we'd hear that more in American journalism.
Good Job ABC 7! These jokers need to be held to task.
The 'poop' in the room is campaign finance money. We should have strict donation laws that simply state: If I cannot vote for you I cannot give you money. PERIOD. That would end corporate funding and would make chasing 'the money' much easier.
The insureres need to be heard, but not in a disproportionate way.
California insurance commissioner Ricardo Lara received huge donation from multiple insurance carriers for his campaign for reelection
When multiple insurance companies refuse to take your money and do business in your state the problem is regulators and legislators who do not understand how the industry works.
We are 30+ year customers and do NOT live in a fire zone. We were non-renewed. This is about more than fire zones.
The truth is the current administration wants to move insurance directly under state control entirely, just like earthquake insurance in california is now (no private insurance)
Do we even know how absurd the insurance market is on every level? We've allowed insurance companies to operate in bad faith for so long.......
There is no insurance “market” anymore in California, not in the sense of supply and demand operating normally. The state has manipulated the industry so long that only a few deep-pocketed companies can make money here. Fewer players = less competition = higher rates.
Then STOP BUYING their services !!
Where is the bad falth? Do you understand the concept? Just because the insurance company won't write a policy where you want it and at a price you think is fair, doesn't equal bad faith.
@@brocklanders6969 Bad faith:refusing to cover legitimate losses then raising rates as punishment or refusing coverage for making a claim. Oh, I have plenty of experience. Although I prevailed in my claims thanks to brilliant legal representation, dealing with providers since is impossible. So yea. BAD FAITH. And yea, I understand the concept of selling security and refusing to deliver.
@@Sondan1988 Stop buying services? Unfortunately the services are mandatory. Homeowners, renters, auto and most health are non negotiable in a free market. Where do you live to be so dense?
Why should MY rates go up when i live in a city, and not in a fire risk area? Rural houses should have to pay 10 times more.
If insurers don't want to insure a property it's likely for a good reason. Insurance pricing and availability should reflect risk.
Rather than blaming the insurance companies or questioning donations, you should focus on the rates insurance companies are permitted to charge and the huge costs from recent fires they have faced. The insurance companies, like all companies, are in business to make a profit. If there costs have gone up significantly, and their ability to recoup those costs is restricted, what are they supposed to do?
Well said!
it will only create greed and corruption...
The problem is insurance companies are national. When you file 5 claims over a 20 year period, that raises all of our premiums. Fact is you shouldn't be building in these areas at all. You shouldn't get a discount just for doing the bare minimum to protect your home the the local environment.
We are not getting pissed enough. Clearly. Janet Nguyen she is from Orange County. The section where it’s all urban no trees like here in No. Cal she definitely does not give a dam about No Cal residents.
Lmao. Yea blame Republicans when democrats have a comfortable majority in BOTH houses and the governorship.
Tell me you're a brainwashed tool without telling me you're a brainwashed tool. 😂😂
You are wrong. Janet Nguyen fights for the people. The enemy is the progressive left that only enriches themselves.
SoCal has trees and lots of vegetation?
@@beachalldayguy3997 snowflake reporting comments lol. Dems have been in charge for decades, so any state problems we have are their fault. Period.
Clearly you don’t know the area
That Senator needs a new job.
newsom is a crook
Yup. He is. However give credit where credit is do on this one. This onè isn't on him.
This should be illegal
Let insurance companies make business in California. No more Laws without the people vote.
Hardening by individual homeowners is not all that effective if their property is surrounded by properties that were not hardened. Embers fly. Therefore, passing a bill to require insurance companies to give mandatory discounts to individual properties does not make good business sense and, if those laws had passed, it would have provided even more reason for private insurance companies to withdraw from California. Maybe our woke media comrades should be thanking those legislators who did not support the bills rather than trying to vilify them. P.S. - you forgot to blame Trump, MAGA conservatives, and white Christian heterosexual males as they seem to be blamed for everything else that our Democrat overlords screw up.
If you don’t want to look filthy, stop accepting special interest money.
Pay to play right in front of you but do not believe your lying eyes and ears ..
No one mentioned how these fires started and how to mitigate that.
Those crooked people should be kicked out of office.
With people building houses in fire-prone areas, and unchecked criminality in the state, no normal company would provide insurance for such stark risks. Homeowner "fire-mitigation" efforts cannot stop a wildfire driven by 50 mph winds. The best mitigation is to not live in chaparral and dry-forest areas that evolved because of frequent wildfires.
The insurance companies have spent decades taking money from the consumers, and now that they actually have to start paying out..... they won't provide coverage. Fine ....every person who is denied coverage should get a full refund of every cent They have paid since the start of their policy. If insurance companies are not going to pay out like they promise, then they should refund the entire policy. And if they go bankrupt, oh well
Oh but if they can't afford to pay out and go bankrupt, then how will they provide insurance? News flash, they are not providing insurance. They are doing the Donald Trump grift of promising something, collecting money, then changing the circumstances and walking away.
NOW they have to pay. Oh right, Calif hasn't a history of wild fires...
Yawn..
Or more people started building 2500 sq ft homes in forest
Insurance is all about profit. If there is no profit, then there is no insurance.
Lol. That's not have it works. You are clueless.
Remove Newsom
Trade the high speed rail boondoggle in to deal with this instead.
We live in what is basically Mark Twain National Forest in the Ozarks. Our home is earth sheltered and is fully fire, flood, and weather mitigated. Our biggest risk is an earthquake and we have backup plans for that.
We are self-insured because the risk is low and we can afford to replace our debt-free home and contents. I don't understand the value of mortgaging a cookie cutter McMansion in a dangerous location and then expecting everyone else to shoulder your losses. I won't participate in that marketplace.
Don't build at the waters edge, in a flood plain, and in a tinderbox unless you can self-insure. Assess your own risks. Buy less stuff to worry about. Put your pictures on the cloud.
He didn’t answer because he was bought.
Where you live is personal choice. Any action by government to force insurance companies to lower rates on high risk properties would be financed by the rest of us in higher rates, or they could leave CA altogether. The same people who rant against CA for taxes & regulations have no problem crying for government assistance when it affects them. I don't want to pay higher premiums or tax because they choose to live in a high risk area. Move.
So you blame the people not the mismanagement of land by the government and the corrupt politicians! I see.
1 of the root cause of the major issue in our country why it is failing!
Fire hardening is very difficult and nearly impossible in some areas. My son is a wildland firefighter and he sees lots of places where the homeowners do a bit but they don't want to cut back the vegetation because it will look bare and ugly. To do it right requires work and ongoing maintenance. To really protect you'll need a water supply and pumping system with sprinklers to work while the fire approaches and passes. So enough water for about an hour and even then just one ember in a place where they let debris collect and it's game over.
this is decades in the making!
It's called bribery…!
I also noted that the PG&E power company and affiliates got grants to keep them in the game. Never were held accountable for the deaths and property 💔 And Newsoms lawyers that were connected to PG&E defense were also paid. The normal people burned 🔥 out layed up in extreme heat in parking lots. Crime sky rocketed and supposed entrepreneurs and money scams spread. The tickets, towing of vehicles, loss of homes, and CHEAP real-estate also skyrocketed. However, very little restoration occured. A bunch of billionaires did come and set up a lithium energy collomerate out there at the Salt sea, and others bought up a bunch of land to build their own societies out here. Feels like the devil's Ejaculating all over the rural world stage.
Who will provide these discounts? Companies want to make money. They leave when they don't. Government can not dictate rates. Save the premiums you would be paying and self finance when you have a claim.
What politicians receiving money and killing bills that would have helped the common man? Nooooo unheard of….
Every time legislators get involved in what is a business transaction, they mess it up. Consider that if the legislators stayed out of the demands on insurance companies, the insurance companies would still be willing to stay in the state and write policies?
The money they get should be considered a bribe; it should be illegal.
"it's complicated" is a red flag that you're bullshitting
politicians should be a VOLUNTEER JOB. no pay....chosen at random like a jury.....5 year max terms
Time to vote those crooked senators out
Equal dishonesty between the state politicians and insurance companies?
Three word answer to this one:
Insurance lobby money.
If you own your home outright,you can get by without having to have fire insurance. If it’s mortgaged you have to have it. Once insurance is dropped, the only option is “state” insurance, which is 5X a higher cost. Which could lead to a foreclosure. So the state or banks win. Especially the banks, they get the foreclosures and resale them at top dollar. Due to the high housing prices being so high in Cali.
Same thing happened in Florida with insurance companies leaving
'What about the people who can't' - yeah? Like solar? California consistently shifts the financial burden onto those who can least afford it. Currently fire risk is spread across the whole risk pool. Think about it.
Sacramento caused this problem notthe insurance companies
Fire mitigation shouldn't be a suggestion. It should be an ordinance and manadatory for each and every homeowner. Since it's not, that means if you pay 10k, but someone in the neighborhood pays 0, you're still in the same risky environment.
If you been paying into these companies to be insured only to be dropped when you may need them most, I’d sue, to at the very least get all the money back I paid into a company that’s supposed to be there in a time of need. Then take THAT money to do what I can for my home. Moving is a last resort.
Yeah, follow the campaign contributions. However you must then act on the information with your vote.
Name those who opposed the bills so we can vote them out.
I think those homeowners should install sprinkler systems around their property and on their rooftops. It might just help save their home should a fire happen.
It starts at the beginning. If communities are going to allow development in an area where wildfires can happen they should had restrictions in place for homes and buildings to be hardened for construction.
If you build in a fire zone or a flood zone you rebuilt on your own not at the American taxpayers expense😮
Ya know, if you funded thinning of forests and clearing of dead limbs and undergrowth which used to be done by the logging industry there would be less fires and the insurance would get lower. Insurance companies have their rates limited by the government, they can’t just charge way over their income. Many insurance companies decided after the government in California refused to allow them to raise rates in line with higher building costs that they would pull out all together. If you lower the cost of doing business insurance will get cheaper, a big way to do that is mitigating fire hazards in the first place.
Good Reporting ABC7 News Bay Area
So a bunch of billionaire executives screwed over a bunch of millionaire California oligarchs? Is there any way we can make all of them can lose?
Also BIG kudos to this reporter who assertively said “I do t believe you answered my question” and repeated it. Yes maam.
Fire risk comes from larger landscape mismanagement, primarily on public lands, for many decades. The State should invest in reducing fire risk and not letting fuel loads build up. Start arresting criminals and get them on forestry crews. Once environmental risk is lower, companies might come back and make the insurance market competitive again.
Wow this was actual reporting. Nice.
The risk migration efforts by a few home owners just don't offset the huge risks of insuring some areas.
Try Maritza Hollis Agency in Fresno. They insured us when ours was terminated by Liberty Mutual. Better coverage, reasonable premium.
Not agreed taxes 2026 😂😂😂😂
If there is merely a reasonable "perception" of conflict of interest, the official MUST RECUSE from voting.
Representatives need to wear sponsored batches on their coats like NASCAR drivers
They would pass this and insurance companies would leave which would drive up cost due to lack of competition.
Are the houses that burn down assessed to see if any fire mitigation (hardening) efforts were undertaken and if they were of practical benefit to survival or otherwise. Why make insurance/actuarial models open, when aftermath investigations and assessments are not undertaken and the results gathered up to inform future mitigation planning.
So gross. They need to resign today. My sister paid for years and years to her insurance company and they dropped her. Never had a claim either. But dropped her anyway. And she had to find another insurance company for her house. So they are allowed to get paid for decades and just drop a client cause they might have to pay. And now we know why these companies got away with it. Disgusting. This makes me so mad.
That house will burn eventually no matter what you do. People build where you can't
they make laws for monetary purposes?
It does sound complicated and why should home owners in low risk areas have to subsidize those in high risk areas As for the campaign contributions I have no problem with limits of no more than 10,000 dollars from any one company and no more than 50,000 any industry Union or Same like organization.
Those officials got paid by the insurance company should be jailed for embezzlement
Because California has its own insurance company and has increased rates in 2022, then the insurance doubled in 2024. Also our politicians passed a bill that cost more and regulations changed and cause the problem.
Yes, politicians are corrupt but I don't see how forcing the insurers to consider XYZ will help if they are not even willing to insure. Like any other business, they are in it for profit. So does the state allow insurers to nail those in high risk areas without mitigation with high premiums while the rest of us in low risk areas pay premiums that commensurate with our fire risk? That's how insurance is supposed to work right? High risk, pay more. Low risk pay less. I'm low risk and my rates have gone up 100%.
Good reporting. And more proof how we need to get money out of politics, especially by Corporate donors!
Insurance being expense in fire prone areas , how much would a hmeowner realistically save on their insurance once they spent all that money hardening the home against fire? Sounds to me that the homeowners loses wheather they pass such a bill or not.
“Unfortunate” No, it’s legal bribery as lawmakers have created through these transactions.
None of things he did would stop his house from burning down with the kind of fires they have there.
These legislators should be in jail.
One of the many reasons I left the state after 47 years
When are we going to do standard funding of candidates so all lobbying is removed????
Saving citizens money, thats too confusing for the gov
These politicians are grimey A.F.!!
Conflict of interest by senators voting on legislation while being paid by insurance companies.
Should make electric companies insure the properties if they are connected
The japanese awarded the Deming Prise to Florida Power and light for coming up with a computer program that dictates the schedule for how they cut brush along utility easements of poles and strung wire, a system referred to in codes as "farm wiring" or "temporary wiring". It is an Idiocracy.
California can't mandate anything right now.
Too many insurance companies having stop writing and renewing homeowners policies. 14% of home sales fail because the buyer can't get insurance. Insurance companies are not in business to lose money and only need a reason to drop California.
Why not just require the government to buy new houses when they burn down? That seems more "California" to me.
Insurances companies need to be audited more closely they collect an awful lot of money and drop everyone
Be the change you want. Run for office and get rid of the greedy and evil characters. 🤫
We need to get rid of money from politicians to people 😊