Insurance industry expert warns of ripple effect from California wildfires

[@MrRb9999]

If consumers can not shop across state lines for insurance, the insurance companies should not be allowed to spread their liability costs across state lines.

[@TrueBostonian]

Preach we need a revolution

[@JudyGraesch]

Absolutely!

[@tommorningstar6373]

Absolutely. Get rid of the krazy kwilt of mismatched regulations and let the National Association of Insurance Commissioners rule over one set of regs. Outlaw lobbying and make sure that it is a federal felony to muck with it.

[@HTCM8FLY]

I'M SHOCKED THE GOVERNMENT ALLOWS THIS FRAUD. HOW CAN THAT BE LEGAL? MAKING OTHERS PAY FOR SOMEONES ELSE CHOICE TO BE IN A DANGEROUS AREA IS CRIMINAL. WOW. HOW CAN ON LIVE IN THESE UNITED STATES AND GET SCREWED OVER LIKE THIS.... THAT'S NOTHING LESS THAN SOCIALIZED INSURANCE....😡

[@nchevrea]

Sounds fair

[@johnodonnell9798]

Can I sue California because my insurance rates go up because of its negligence?

[@knucklez3025]

Yes

[@clintdaniel9260]

good luck

[@pjscho8161]

@@clintdaniel9260 I say a class action lawsuit against the state of California.

[@aliendroid1]

We need a class action lawsuit, accross the USA against California, LA, and anyone who pushes DEI

[@ssaun2179]

can I sue desantis for flooding hald their state?

[@RobinDale50]

I'm 2000 miles from CA. I ain't paying for their lack of leadership and foresight.

[@LynnCastaneros]

You make a valid point, and unfortunately, they're not going to offer you that option. Whether you like it or not, you'll end up paying for it. It's unfortunate, but that's just how things seem to work.

[@stankythecat6735]

California pays for your busted state… our tax money pays for a lot of the red states. Perhaps California should just stop remitting taxes to the federal government.

[@rona4960]

That's not how it works

[@fluffpiggyo]

You are the same nation wtf 😂😂😂murica

[@stankythecat6735]

@@RobinDale50 California taxes have always paid for your busted states .

[@tz8565]

I'm 3000 miles away from California. I'm not paying for their poor leadership. Bass and Newsom needs to pay it.

[@appliedmechanical8790]

Yes you will.

[@flynnstone3580]

I don't think Trump would do that. Biden might give them our money before he leaves if he hasn't already. I could see Trump giving California a loan that has to be paid back before he leaves office and hold them up to it.

[@ramandeepsekhon-nn6ps]

I’m more than 4000 miles and I’m not paying for their sins😂

[@thatonebeone]

you just copied a comment

[@Pooch...123]

We’re all going to pay. That’s not up to you or I. Good luck dodging the IRS 😂

[@stemakwest7165]

Someone is going to have to pay for all those multi-million dollar homes. Turns out that will come mostly from the pockets of those who could never own a multi-million dollar home.

[@graymatters2]

That's how it works buddy

[@LisaRoy-qb7cv]

Not just rich...middle and lower class

[@IAMCAVE]

Newscum can afford it, audit him and find a lot of dollars that shouldn’t be there.

[@timthompson2578]

The owner should pay not anyone else.

[@NashvillePastaman]

The fundamental unfairness of the insurance system

[@mommamomma3607]

Newsom and Bass should be charged for the deaths in these fires. Lock them up. Them quiting isn't enough.

[@buddymike9]

malibu and altadena has mayors also and not part of l.a but l.a county

[@nukestrom5719]

So as Louisiana governor and majors for hurricane Katrina response, Texas governor for the 'Texas freeze' for a few years ago due to their stupid decisions and Florida governors for allowing hurricane/flood prone areas to be residential areas.

[@mizrahimjew9351]

@@nukestrom5719 you jabbed?

[@darrylelkins681]

They are just puppets for their masters, doing only what they have been told to do.

[@chrish7]

Bass is the mayor of Los Angeles. I was in downtown LA yesterday and in case you don't know it, there's no fires in the city of Los Angeles.

[@SuperMBARutgers2013]

Too big to fail. We let these insurance companies go nationwide while executives pay themselves massive bonuses

[@alwaysyouramanda]

Super yachts while people become homeless

[@mlq79]

Dont call this a natural disaster this was negligence of the governor and mayor fire chief and department water of power

[@cben86]

care to explain?

[@tonycastro6154]

why do we need to pay for californias stupidity,,i say insurance should not be forced upon us if its too exprensive,,some people are paying more than their mortartage,,,what gives,,lets revolt,,,no more,,,,

[@LynnCastaneros]

I agree! Maybe a widespread boycott of insurance is the way to go. Honestly, if it were up to me, I'd rather take the risk and go without it than keep supporting what feels like a scam

[@rona4960]

Great idea. I live in a designated flood zone that's never flooded. Why should I pay a grand a year for FEMA mandated insurance that pays to cover people that live in Florida?

[@davidderler5924]

​@LynnCastaneros my house is paid for I do get strong winds and Tornados in area but willing to take the chance on a boycott.

[@consco3667]

Agree with you. Let them pay

[@RafiJaan-p1w]

As long as there are those incompetent democrat politicians in California we are gonna be penalized for their stupidity. The first thing they need to do is get rid of Gavin

[@damianvisser977]

It's almost as if it was orchestrated..

[@rebeccathornton1755]

Totally

[@startrai6412]

My friend who is a huge fan of Alex Jones said the similar thing

[@tiny5500]

Absolutely

[@JescaML]

It was definitely planned for their smart cities. The idiot mayor did no prep for the water and she was constantly warned about the winds and risk if fires but choose to go to Africa instead

[@dxc9138]

Exactly

[@SerafinN26]

California has enough money. They can paid for all the damage.

[@thatsweetmetaldude]

Yep. They can afford reparations to everyone that never been on a plantation and make them wealthy for no reason while everyone else has to work hard and don't get jack for stuff they're people went through hundreds of years ago. If they got money to give out to them surly they can help these fire victims but they won't. Helping nice decent neighborhoods doesn't help the agenda

[@gantz0949]

Um no the state us practically bankrupt

[@Chanelle247]

The entire “insurance” system is such a joke and has been for years. Home insurance, health insurance, auto insurance, etc.

[@bobroberts2371]

Any chance you can start an insurance co and do a better job? Lames excuses to follow.

[@EvilMonkey7818]

Not auto or life, although life can have inconvenient hurdles. I'm continually amazed how people are surprised that their homeowner's insurance goes up when the value of their home went up 40-70% in 5 years. Health insurance is broken because it isn't insurance, it's become merely a 3rd party payment system, from open heart surgery and cancer (insurance) to an ingrown toenail and a common cold checkup (what the hell?) which would be out of pocket and inexpensive if not covered by health 'insurance.' Health insurance is akin to if auto insurance paid for new tires, new windshield wipers, a new transmission when it goes out, etc. All of a sudden that $200 a month auto insurance would be $1000 because it covers everything.

[@EvilMonkey7818]

When insurance enters the picture and is expected to pay for everything it gets expensive. My mother worked for a dentist for a couple of decades who didn't want to take dental insurance. He kept prices cheap but over time he had no choice since everyone else was taking insurance and more and more of his clients were skipping out on paying him. He had to hire staff just to process insurance, and of course that staff wanted benefits themselves like health insurance. Ideally things like dental insurance would only cover expensive procedures and cleanings would be like $60 out of pocket, but the public wants insurance to cover everything.

[@EvilMonkey7818]

Part of the problem with health insurance in the US is it's so heavily attached to employment, and heavily subsidized by employers. That damps competition among insurers, prevents more insurance companies from forming, and holds down raises for employees. Some companies keep most of their lower wage employees at under 29 hours a week so they don't have to give them health insurance. Those employees have to have two jobs. The more the govt gets involved the worse insurance gets.

[@LadyRevolver]

Gavin should have to pay for it

[@dabda8510]

He can’t. He just bought a $9 million house in Marin County few months ago. He’s house poor. /s

[@LadyRevolver]

@@dabda8510 maybe he should cut back on all that baby oil and hair gel 🤷‍♀️

[@kushkingla7385]

@@LadyRevolverit was a P diddy yard sale.

[@davidderler5924]

We are still wondering where the $750,000,000.00 for homeless funds went. It vanished in thin air somehow. Can't find it anywhere.

[@jaybomb5022]

​@@davidderler5924we all know it's in the pockets of Gavin and company😂

[@BobSmithDocumentary]

Forcing Maine residents to pay for California ineptitude is a crime against humanity

[@yanc8599]

lobster rolls are gonna double

[@jamesharner2687]

Every Californian will pay for the inept acts of Mayor Karen Bass and Governor Newsome.

[@johndoobie831]

Every State will pay for the ineptitude of the Democrat politicians and voters.

[@MW-gm7cq]

I think EVERY taxpayer will pay for their inept acts. I can see my insurance rates going up already. I’m going to send the bill to Newsom.

[@allegory7638]

California VOTERS caused this.

[@DrBlood-cq2cm]

They voted for them so they get what they voted for.

[@bluskytoo]

every Legal AMERICAN will pay for it!

[@janofb]

It already has rippled. My homeowner's insurance jumped 60% last year, in a state with no natural disasters. My agent said it was due to hurricanes and wildfires in other states because they has crappy building codes.

[@typhoonjenkins8330]

@janofb I sure hope you shop around and find a better rate. That's insanity

[@DruryLane-i3n]

Well you heard wrong; and those crappy building codes they don't pay for.

[@bobdole7697]

Also due to inflation.

[@bobdole7697]

@@DruryLane-i3n I don't understand

[@KathySheets-d4o]

Same in Arizona

[@TT64NOVASS]

The California Democrats that laughed about the flooding in Florida aren't laughing anymore !

[@tom4150]

We admit climate change is real

[@amihan99]

This is climate change. Something maga people are denying

[@nukestrom5719]

I don't they ever did. Its always republicans who want to see blue states going down.

[@Americafirst-i8q]

​@tom4150Climate change is nothing but a bunch of BS the majority of ignorant democrats believe in this.

[@EvilMonkey7818]

@tom4150 Oh dear gawd. There are no more hurricanes nor are they more intense than they were in 1900. LA's fires are primarily arson and refusal to do preventative maintenance. Stop getting your science "lessons" from mainstream media opinion commentors. Global warming is happening at about 1/5th the rate they tell you it is, rather normal since the last ice age ended.

[@maxshiraz3447]

So we all end up paying for stupid democrat policy

[@paulmeissner66]

Happens all the time unfortunately

[@IAMCAVE]

They get what they keep voting for. The brainwashing of TDS has people voting blue because they don’t want Trump and Republicans in office. There are a A LOT of people (democrat media) for spreading the b.s.

[@rizzodrat3076]

That is what happens in Socialism.

[@bill2066]

yup, but liberals dont seem to mind. They LIKE paying more at the Grocery store.

[@radiobikini6429]

Florida started this idiot!

[@Jamwcjconn]

The democrats should pay for it

[@jackhammer-]

They boast that California is the 3rd largest economy in the world.... Well they can afford to rebuild themselves.

[@adobochronicle]

How?? Kamala and the Democrats burned through a billion dollars campaigning

[@FlightSim2703]

Are you kidding, think befor claiming 😅... if Democrats pay we pay involuntary no other choices 😮

[@TheWorld4all]

You should pay too.

[@charleswood2182]

We are the United States. If you don't understand that? Self-deport.

[@FrankGallagherr]

Who else loathes Gavin Newsom and Karen Bass

[@lesheinen6116]

It would be easier to ask "Who doesn't loathe Gavin Newsom and Karen Bass" The list would be MUCH shorter!

[@Mike-h1r6z]

🔥 NEWSCUM 🔥

[@FranksClassic42]

​@@startrai6412I loathe this comment Trump is not even in office yet and yet you are a triggered democrat crying

[@buddymike9]

@@lesheinen6116 not karen bass fault and malibu and altadena is not l.a

[@paulmeissner66]

And the LA FD brass

[@donnamarsh3474]

We are all so screwed. This is NOT a natural disaster!

[@darkstar4323]

Cut spending and cut pay to worthless politicians

[@jrtstrategicapital560]

sounds to me that we should just have insurance companies operate within each state separately ..thus limiting the liability within the states borders.

[@rona4960]

Also not a viable option

[@lesheinen6116]

@rona4960 Why not?

[@patrickp8315]

Great idea. It's not fair to rob Peter to pay Paul just because Paul is stupid (preventing insurance rate increase) or not buying insurance.

[@geoffreyshubert2263]

This is the best comment here!!!!

[@sarahbrown5073]

Doesn't that already exist? My home is insured through Kentucky Farm Bureau. I'd assume they only operate within the state of Kentucky...right?

[@keithbrown3045]

How is it a "natural disaster" if a homeless person started the fire?

[@str4tegyy506]

its was not a wild fire or arson it was space lasers. Time to wake up sleepy humans.

[@Bigfootnosferatu1776]

​@str4tegyy506 nice to see they have wifi in your mental hospital

[@peskypeet]

Because Because... Global warming/ Climate change (sarcasm)

[@Bigfootnosferatu1776]

@@str4tegyy506 I didn't think you flat earthers believed in outer space

[@davidderler5924]

Because their homeless people and illeagal aliens are all natural to California. epic natural Newsom disaster . He did save that little smelt in the jar he was holding up though.

[@ghostes]

We’re all going to get screwed on this one.

[@radiobikini6429]

Because MAGA was elected. Fascism starts 1/21.

[@TM-173]

@@radiobikini6429 ALL THIS NONSENSE ESCALATED FROM 'BIDENOMICS'

[@archie_bunker]

@@radiobikini6429 maga lives in your little pee brain head 24/7, go find some work punk

[@ladikmk]

They don't need to look to other countries to find a solution. Our country has States that practice good forestry management. We have experts here who know exactly what to do and how to do it - but you need a leader in CA who is actually willing to do what experts recommend.

[@kyleg3837]

its cheaper to have pockets of real estate burn then pay 10's of billions a year on wildfire mitigation that probably wouldnt really do much since its the pyro's starting the fires right before the winds pick up and the embers travel miles and start new fires

[@moeemdown3774]

you mean what trump recommended.

[@smp-vn3pc]

Exactly this insurance lady says the solution is going to be very complex and take decades no it's not make sure the forest is maintained make sure there's water available and put the right leadership very simple

[@TheLastZeekasaur]

😂 it was humans who started this hundred of years ago. Native Americans learned you clean up the forest floor you get less fires. European's came into america and said no, no we are geniuses stop doing that, and wild fires have gone up every year. 😂 Then it gets better. For decades human have been bring in invasive and water hungry plants into California ,that made perfect burning material. There's no solving this because humans will go back to doing the same thing again and the fires will just come back.

[@navk4960]

California people are arrogant, inhumane and illogical all these Malibu riches voted for democrats shity policies. The riches can own their cost to live on those miillion dollar homes

[@micheltremblay-m2y]

madonna and robert de niro should pay for this..!!!!!!!!!!!!!!!!!

[@romone-bo8kf]

😂😂😂😂😂 ok ok and ELON MUSK AND DONALD TRUMP 😮😮😅

[@yanc8599]

samuel l jackson and tom hanks could help too

[@GabeSegundo]

Did a 10 year old post this? Haha explain why, child.

[@cyndijohnson5473]

People should not be building houses next to a neglected forest, in a neglected state.

[@enverse244]

@@cyndijohnson5473 the fire was in California, not Kentucky

[@bobdole7697]

I have been selling insurance in NY for 20 years and agree with everything this said.

[@hymansahak181]

If I owned an insurance company, I wouldn’t insure homes and businesses in California.

[@robertyoung2819]

What about Florida...

[@Docante1]

Already happened

[@EvilMonkey7818]

Apparently a lot of them felt the same way and GTFO. Let's not be surprised if in a few years there are zero left. Then the state govt will come up with their own home insurance, which will be heavily subsidized through taxes. A progressive utopia.

[@buddhaskies]

Ot in Florida or in Texas where people live in flood plains.

[@John-j5x2t]

Your right ✅️ 👌 f the woke democRATs basters there. Maga

[@cityrooster8983]

THIS IS NOT A NATURAL DISASTER. This is ca mixture of criminal arson and government neglect.

[@Jamwcjconn]

I new we will all pay for this

[@creepycrespi8180]

you will be correct.

[@kent5590]

yes

[@Sully33]

Socialism incoming

[@fluffpiggyo]

Muricaaa f yeaaah😂

[@Imjustsaying1966]

knew

[@A.EBoudreau]

California wants to keep spending on candy when they have no food

[@JJFLUNARMAN]

Fire breaks and good forest management are also common in European countries like Spain, where the climate is very similar to California.

[@janofb]

All insurance should just pull out of California. They do nothing but lose money there.

[@rona4960]

They will raise the rates where you live to cover the premium loss

[@marcgw496]

Source? Last time I checked they just jack up people’s premiums to compensate. Oh and also deny claims when they feel like it

[@7555mac]

Home owners that do not have a mortgage should just cancel their insurance and spend that money on their own fire equipment, like a big water holding tank at the side of their home with a pressure hose and install fire proof materials and siding around their house and roof and save thousands of dollars a year on useless insurance that has hidden clauses in them.

[@deniseferreri8978]

My grandmother did that..built her house..paid in full and went to her grave never paying a dime of insurance

[@ramandeepsekhon-nn6ps]

@@deniseferreri8978wow your grandma

[@hymansahak181]

It’s not about only building houses, it’s entire communities (parks, schools, roads, electrical lines, trees, landscaping, fire hydrants, etc). It’s never going to look the same. Forget about 2 years, we’re talking 5-10 years to get permits, get started, get insurance money if even possible and then living in dust and pollution for at least 7 years while 100 contractors are building 100 different houses and the municipality and city is building the rest. People need to understand the gravity!!!

[@skyak4493]

And where will all those constrution workers live while they build? They weren’t paid enough to afford housing before the fire shortage.

[@nellosnook4454]

1. When the majority electorate in California prioritizes competent management of their forest & water resources over DEI insanity, things will improve. 2. But ONLY if that happens.

[@rocco265]

Elections in California are rigged. Many voted Red. Liberal Govt . has captured California. Corrupt to the core.

[@JDRONE44]

Seems like im canceling all insurance. I suggest you do the same. At this point you'll save more money in the long run. Definition of a scam.

[@philliphall5198]

We did years ago 😊

[@debbiehernandez3945]

That is the very first thing i thought. My auto and commercial policies either will be non existent in California or so expensive that I can't afford them.

[@bpro3396]

THE ABSOLUTE FAULT OF THE GOVERMENT OF CALIFORNIA

[@JiggyPapason]

the insurance industry needs to be investigated next!

[@billballeza377]

Well, there goes any donations to these people. We’re going to be giving on our homeowners policies.

[@REVNUMANEWBERN]

DON'T think that some of us won't DROP our insurance when it appears that WE won't benefit from such by paying OTHERS loss

[@RafiJaan-p1w]

Gavin should pay for all these damages, he has the 25 billion dollars he took for homeless project few years back that no one knows where it is.

[@Dohair879]

I’m in Florida. We have had issues for years. Not to mention on pins and needles every hurricane season. Not anyone’s fault California was already a hot mess. I think they should get help after NC is put back together.

[@RalphEmigh]

This was not a forest fire! It was an urban fuel fire.

[@jasonlawler9674]

The law should prevent CA from doing stupid things and costing others.

[@danwilliams5867]

They can not rebuild in these fire prone areas, this is like rebuilding in a flood plain and getting flooded out every other year.

[@armandofigeroa8229]

Of course, my insurance has already gone up 3 times in the last year. I have no tickets or claims or accidents, but of course it will still go up again.

[@suebee1436]

Oh aint seen nothin yet. Think what our increases have been and prob go x4. Just my stupid guess.......

[@beverleecarrell510]

We must raise literal hell if we are made to pay for this BS.

[@FlightSim2703]

Unfortunately both car and homeowners insurances are raised, soon people can't find affordable insurances, government may needs to be involved may to bring a law to control these insurance companies 😢

[@MikeHoxafloppin]

How do we not pay for this? My insurance already goes up because car theft 30 miles from where I live has gone up. I can't afford another insurance increase or I might be priced out of my mortgage.

[@Americafirst-i8q]

If you think that anything is going to get rebuilt anytime soon and it will go back to normal, you're seriously smoking something strong.

[@jenniferwood881]

How can Gavin Newsom afford his $9million dollar mansion! There needs to be an investigation! Both him and Bass! Newsom only makes $224 000 per year…. Something isn’t adding up!

[@tc2674]

So did insurance prices go up in North Carolina?? Just curious???

[@thegreencat9947]

I live in North Idaho....we dont make the same money here. $ 8.00 an hour here for waitresses. Oh my goodness......i am retired...on Social Security.... so i have to pay for Billionaires homes?

[@onion6foot]

No one cares about us, the elderly . There is an agenda to be able to take our homes and all else.​@@thegreencat9947

[@clintdaniel9260]

mine did in ohio 200 a year fjb

[@onion6foot]

@clintdaniel9260 Mine in Virginia has skyrocketed...auto, home, all kinds. They'll declare bankruptcy after all their CEOs have $ millions stashed in overseas bank accounts.

[@bettahaffe]

Pure crooks. Glad im off grid. No more taxpaying

[@LastFirst-rr9cj]

Insurance risk should be confined to individual states and not spread to others.

[@pattygarcia3504]

There are no insurance company gonna want to cover any fire insurance in California and who can blame them

[@northrockboy]

yeah but they took premiums for years

[@ladikmk]

@@northrockboy And how many times have those insurance companies paid out losses for CA wildfires?

[@daleviker5884]

@@northrockboy They took premiums for years because they took acceptable risks for years. Then the risk became unacceptable due to government mismanagement, so they stopped taking premiums.

[@Save_the_Stick_Shifts]

​@@daleviker5884this!!! People don't understand insurance is primarily risk management. The possibility of loss, not the certainty!!!

[@thediner8929]

Bass and Newsom should resign and charged for negligence.

[@ThePzrLdr]

Simply put we are out of money. Insurance is a mafia corporation and should be highly regulated or closed down.

[@garymitchell7551]

Socialism at its finest ….

[@michaelxu4256]

Insurance companies shoull pull their business out of the blue state completely.

[@joesmithebike385]

Six billion? The news reports $180 billion for insurance and $100 billion for uninsured losses. Your numbers aren't adding up!

[@northrockboy]

10,000 homes x 3 million = 300 million. and lots more for all the other losses, and the mark ups, i bet 1 trillion by the times its done.

[@grassCrow]

@@northrockboy$10k X $3m = $30 billion

[@bryanmaxwell7332]

Build your house with cash over time…no bank note or interest….own your land outright that you build your house on…build your house out of brick with a metal roof with no vegetation or trees 500 yards from your residence…problem solved….common sense…( here in Alaska we have no sales or state income taxes and we get paid to live here…very few undesirable ethnicities here other than the natives who mind their own business…COMMON SENSE…🇺🇸🇺🇸🇺🇸🇺🇸

[@TM-173]

THANKS I MIGHT MOVE UP THERE 😁

[@NachoKid-z3m]

Class action lawsuit against ca and its politicians

[@UMS9695]

That's BS! All other states must bring a ban effective immediately on insurers raising insurance rates (Home , Auto, etc.). Californians must pay for this!

[@SuckersOnly]

Exactly!

[@DominaKircheis]

This all is speculation so done trip

[@ronaldjohnson1474]

We are a "compassionate" people, but caring for idiot politicians is not compassion.

[@mboyd988]

If you didn't already know. Insurance is one of the biggest scams in this country.

[@kushkingla7385]

The insurance companies prioritize profits and money ahead of their customers. Allstate CEO said just as much when he said he cares about stockholders, not policy holders.

[@LisaRoy-qb7cv]

The point of a busin Essis to make money..duh

[@alwaysyouramanda]

Everything is a scam if you pay attention. (It’s all I can afford to pay!) 😂

[@sarahbrown5073]

When you run a business, you need to care about money. You know who doesn't care about money? Politicians. They spend yours.

[@daleviker5884]

That's the whole point of a business. People invest, take a risk and hope to make a profit. Insurers have been pulling out of California in droves due to mismanagement by the administration. Stop blaming people for acting rationally in the face of inept "leadership".

[@williamfeldner9356]

Why should those of us that are not rich have to pay for these rich Californians

[@1018hb]

When insurance are not paying what they are recovering??? How about what they have made when there was no disaster!!!! What happened to those premiums!!! Where is insurance company reserves.

[@suebee1436]

You have to ask?

[@1018hb]

@ ceo - someone asked United ceo

[@suebee1436]

My son in law wrote software for a major ins comp. Gravy work from home job. Let me tell you,,,,,,my step daughter has been ALL AROUND THE WORLD in the past 10 yrs. PAID YEARLY TRIP FOR THESE PPL........by the ins comp...... Let that one sink in kiddies.......not a well known thing im guessin.

[@rains2693]

This time it will be revealed whether the insurance business is a scam or not.

[@Caringformom-thoughts-ew2oz]

I really wish they would stop calling these fires a natural disaster.

[@gingermolina8356]

They have raised insurance so much every yr

[@mikeblalock9380]

If government can force you to buy insurance. Government should be able to force you to stay. No price increases should be allowed

[@bobwhite2]

We are not bailing them out.

[@BrandieArmijo-ow2xp]

The people of California need to pay for this. They voted for this. Go after your leaders, and put them in jail. Honestly if the American people have to pay for this and there's going to be a fight!

[@rona4960]

No there isn't

[@BrandieArmijo-ow2xp]

@rona4960 yes! Yes! Yes! Hope you guys are prepared to take care of yourselves.

[@rona4960]

@ You are going to do what you and everyone else has done since time began. Sit down and shut up.

[@BrandieArmijo-ow2xp]

@rona4960 oh, ok. This kind of rhetoric got you into the situation. 😂. Let's just see what happens.

[@dbajet2012]

So basically, inflation has something to do with it driving prices of everything.

[@camericadianstudies3684]

The 1906 San Francisco earthquake and subsequent fire killed aprox. 3000 people and leveled as many as 30,000 structures (80 percent of the city).

[@spitzilla2088]

Insurance has been skyrocketing way before the fires.

[@robertmatthews2009]

The fires have been happening for decades.

[@chriswasson8414]

If the insurance gets too high, drop it

[@CoriTirdea]

Unfortunately, if you have a mortgage the bank forces you to buy insurance...

[@wildone505]

Kamala would've just laughed like a hyena at the fire.

[@WDWitcher]

Lies Lies Lies and more lies! Some of these people have been paying insurance for decades. Where's all that money??? Pay these people who have paid their premiums.

[@LynnCastaneros]

Well, it seems like someone is always benefiting from these fire disasters. I hope this isn't the case, but the fact that they keep happening year after year with no apparent solution leads me to believe that it may be happening intentionally.

[@rona4960]

Like those hurricanes

[@Kyle-xd4ep]

Just an FYI from an aeronautical engineer, not a good idea to fly helicopter anywhere near a raging fire such as we see in California right now

[@FreeYourMind1776-SA]

Insurance is the oldest ponzi scheme in existence. All insurance companies take in way more money than they ever pay out in claims.

[@marylaczko6539]

The point of insurance is to insure profits for insurance companies. If they are giving out more money than they are taking in,its not viable for them.Bottom line is that folks should not be living in unsafe areas, or we will all pay the difference.L.A. is the perfect example. It has NO water other than what it steals from the colorado river. Its a desert. The natural vegetation is a type of pine that only seeds when it burns. The area is inhabitable,totally fake,no one should ever build or live there. Folks think that if they have money they can outsmart nature. Well surprize . If they rebuild there, they are even stupider.

[@MagnoliaHoosier]

I actually KNOW of someone who has a COLLEGE DEGREE in FORREST MTG. It’s crazy to me that there was NO fire remediation done at all!!

[@sitalaird3986]

First of all you're saying as to balance out somewhere this was purposely done reservoirs were empty fire hydrants were empty.

[@HighVybeTribe]

The hurricane to North Carolina made nowhere near this much media coverage

[@billbonu1639]

One house in Pacific Palisades is 50 million.and they lost how many?

[@jamesgoodman9259]

And now... California wants the rest of us pay for there idiocy. They shouldn't be building in high fire risk areas in the first place in addition to this insurance fiasco.

[@richardmorris6365]

But the views are to die for

[@FoulPet]

​@@richardmorris6365literally

[@mhr5586]

So insurance has doubled the last 4 years, so we can expect it to double again? People are barely hanging on as it is.

[@suzannespanier4492]

Where will all these people stay while they figure out suddenly having nothing through no real fault of their own?

[@MicajahMcCurry]

No fire insurance, as a nc resident I don’t have flood insurance…, so what’s covered?? Tornado? Break ins? That’s it?

[@helen9722]

People that chose to build in natural disaster zones their insurance should be much more expensive. That's happened here in Australia, insurance where natural disasters had been there insurance is staggering. From around $2000 per annum they are now paying up to $30,000 per annum.

[@randyfreeman4046]

Our insurance has already gone up here in Oregon and we have zero claims on our homeowner policy. These insurance companies are thieves

[@metsrus]

they're there to make money, not take losses.

[@randyfreeman4046]

@metsrus yeah. But walking out on an entire state and leaving everyone else to pay their bill is not right either

[@snoopcow]

You're on your own people in FL & CA.

[@DominaKircheis]

If you don't take care of business this your in this situation. My family lost 6 homes and we already have the rebuild ready to go. So this media is putting out a scary story but it's not really ture. If you have a home that is over 3 million dollars, you have to do extra planning and pay more.

[@snoopcow]

@@DominaKircheis Best luck to you. I’m in the construction business. It would take years if not decades to rebuild those areas.

[@Doctor_klausmartens]

Florida has the same issue,

[@JoesephLee]

Karen Bass and Gavin Newsom must pay for all CA fire victims from their pockets not from taxpayers

[@earthlytouch7540]

What about the lady from DWP? She makes 750,000 a year.