California senate pushes to stabilize the homeowners insurance market

Homeowners insurance prices in California are skyrocketing with the increased threat of wildfires.

Those who live in homeowners associations, like condos, have told us their policies are being dropped entirely, and the new options are significantly higher.

Lawmakers tried to make sense of it all at a Senate hearing on Tuesday. A nearly impossible task, as lawmakers all expressed in the meeting that this is a challenging topic with no perfect solution.