The Los Angeles wildfires are putting more pressure on California’s already flailing property insurance market — and lawmakers are facing a tough political choice.
Solving the state’s insurance crisis requires decisions about who pays for people to live in the riskiest areas, but the solutions are complicated, politically unpopular and don’t fall on clean partisan lines.
As one insurance ratings agency told NOTUS, Florida has similar problems.
Alice J. Roden started working for Trending Insurance News at the end of 2021. Alice grew up in Salt Lake City, UT. A writer with a vast insurance industry background Alice has help with several of the biggest insurance companies. Before joining Trending Insurance News, Alice briefly worked as a freelance journalist for several radio stations. She covers home, renters and other property insurance stories.