Gå offline med appen Player FM !
State Farm and Allstate Pull out of California Homeowners Insurance Market
Manage episode 365372616 series 2830459
Citing an increased risk of natural disasters, two of California’s largest property insurers, State Farm and Allstate, are no longer selling new homeowners insurance in the state. Insurers have been shrinking their coverage areas in California for the last few years, especially in wildfire-prone regions, but the latest moves signal just how much insurers are accounting for the increasing costs of climate change. We’ll talk about the impact on homeowners, homebuilders and would-be home buyers and how the state is responding.
Guests:
Ivan Penn , Los Angeles-based reporter covering alternative energy, The New York Times.
Michael Wara, policy director for the Sustainability Accelerator at the Doerr School of Sustainability and director of the Climate and Energy Policy Program and senior research scholar at the Woods Institute for the Environment, Stanford University
Kimiko Barrett, research and policy analyst, Headwater Economics
Ricardo Lara, Insurance Commissioner of California
2289 episoder
Manage episode 365372616 series 2830459
Citing an increased risk of natural disasters, two of California’s largest property insurers, State Farm and Allstate, are no longer selling new homeowners insurance in the state. Insurers have been shrinking their coverage areas in California for the last few years, especially in wildfire-prone regions, but the latest moves signal just how much insurers are accounting for the increasing costs of climate change. We’ll talk about the impact on homeowners, homebuilders and would-be home buyers and how the state is responding.
Guests:
Ivan Penn , Los Angeles-based reporter covering alternative energy, The New York Times.
Michael Wara, policy director for the Sustainability Accelerator at the Doerr School of Sustainability and director of the Climate and Energy Policy Program and senior research scholar at the Woods Institute for the Environment, Stanford University
Kimiko Barrett, research and policy analyst, Headwater Economics
Ricardo Lara, Insurance Commissioner of California
2289 episoder
Tất cả các tập
×Välkommen till Player FM
Player FM scannar webben för högkvalitativa podcasts för dig att njuta av nu direkt. Den är den bästa podcast-appen och den fungerar med Android, Iphone och webben. Bli medlem för att synka prenumerationer mellan enheter.