While forward-looking models may help insurers regain financial footing, consumer advocacy groups worry about a lack of transparency in how

The California insurance crisis underscores the complexity of managing risk and affordability in an era of climate volatility. Policy decisions

According to analyses from organizations such as the International Law and Economics Center (ILEC), California leads the nation in “rate

At the heart of the crisis is Proposition 103, a voter-approved law enacted in 1988. While praised for protecting consumers

Wildfires &  the Escalation of Climate Risks California’s vulnerability to natural disasters, particularly wildfires, has exacerbated the insurance crisis. Between

The gravity of the situation prompted action in September 2023. Governor Gavin Newsom signed an executive order urging the state’s