California fires expose insurance concerns | The Hill

Californians For Good Governance's Laura Powell joins NewsNation's "The Hill" to discuss California’s insurance crisis amid the ongoing Los Angeles wildfires.
#LosAngeles #Wildfires #TheHill

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[NE-Explorer]

Why should we subsidize California. If you want to live in a high risk state, you have to self insure or pay.

[Cassiiidypaigee]

Insurance companies can’t insure high risk areas because when multiple policies are in high risk areas, when fires like these happens, they can’t pay everything out. Then they go bankrupt, which will affect all other states as well. I feel horrible for those without insurance. 😢

[demosuit]

"Billions of dollars the rest of us are going to have to pay"... Pay for what?

[reemagee]

State Farm is a business and has every right to protect their interests. Who is in business to lose money?!?

[RobertZemeckis]

now ca dont have joe for back up insurance company will leave the state like they did to FL ..

[RedCloud-hf]

Just last year State Farm left home owners stranded.They certainly know their business well.

[nsunmoon]

🙆🤦
The Insurance Companies Drop Them All Last Year? 🙆
So,
What Happens Next.

[levibarbosa]

Was this fire a warning from God for the people to leave this region, as a major earthquake was coming?

[barbaraziegler]

I know how about insurance companies lower their insane profits and actually pay out money instead of just raking it in