California Insurance Crisis: May 14, 2025
california Insurance Crisis: Experts Convene to Seek Solutions
Table of Contents
A critical discussion on stabilizing California’s insurance industry in the face of increasing wildfire disasters.
The Mounting Crisis in California’s Insurance Industry
California faces a notable challenge as insurers increasingly withdraw,cease issuing new policies,or curtail their exposure in the state. This situation arises from a confluence of factors, including climate change, an aging electrical grid, and the expansion of the wildland-urban interface. Wildfire disasters have become a stark reality, with “seven of the ten most destructive fires in California history hav[ing] occurred in the past ten years.”
to address this escalating problem, experts and elected officials are convening to discuss potential solutions and strategies to stabilize the California insurance industry.
California Insurance crisis Event Details
Capitol Weekly and the University of California Student and Policy Center are hosting California Insurance Crisis on Wednesday, May 14, 2025, in sacramento.
More than a dozen experts and elected officials will participate in discussions about the California Insurance Crisis.
Featured Speakers:
- ASM. Schiavo Pilar
- Rex Frazier, Personal Insurance Federation of California
- amy bach, United policyholders
- Sonoma County Supervisor James Gore
- Nancy Wallace, UC Berkeley
The event will take place from 9:00 AM to 2:00 PM at the UC Student and policy Center in Sacramento.Attendance is free, but registration is required due to limited seating.
For those unable to attend in person, the event will also be accessible via Zoom. blank” rel=”noopener”>Click hear to attend via ZOOM.
Event Agenda
| Time | Activity |
|---|---|
| 9:00 AM | Check-in and Coffee |
| 9:30 AM | PANEL 1: The State of the Insurance Industry (Moderated by Levi Sumightsay, Calmatters) |
| 10:45 AM | PANEL 2: The Los Angeles Fires (Moderated by Dan Morain, Capitol Weekly) |
| NOON | Luncheon Keynote |
| 1:00 PM | PANEL 3: What Next? (Moderated by Rich Ehisen, Capitol Weekly) |
Registration includes lunch and all conference materials. There is no cost to attend, but registration is required.
media and Contact Details
Media coverage is welcomed. To arrange press credentials, call 916 444 7665 or email Melody.Gere@capitolweekly.net.
The California insurance Crisis event will be held at the UC Student and Policy Center, 1115 11th St, Sacramento, CA 95814.
For registration information, contact Melody Gere at (916) 444 7665 or Melody.Gere@capitolweekly.net.
For sponsorship information,contact Tim Foster at (916) 612 2613 or Tim.Foster@capitolweekly.net.
For questions about content, contact Rich Ehinen at (916) 402-4886 or Rich.Ehinen@capitolweekly.net.
Thank You to Our Sponsors
THE TRIBAL ALLIANCE OF SOVEREIGN INDIAN NATIONS, WESTERN STATES PETROLEUM ASSOCIATION, KP PUBLIC AFFAIRS, PERRY COMMUNICATIONS GROUP, CAPITOL ADVOCACY, THE WEIDEMAN GROUP, and CALIFORNIA PROFESSIONAL FIREFIGHTERS
California Insurance crisis: Your Questions Answered
California’s insurance industry is facing a critical moment. With increasing wildfires and insurers pulling back,experts are convening to find solutions. This Q&A provides key insights into the crisis and an upcoming event focused on addressing these challenges.
Understanding the California Insurance Crisis
Q: What is the California insurance crisis?
A: The California insurance crisis refers to the increasing trend of insurance companies withdrawing from the state, ceasing to issue new policies, or reducing their coverage.This is largely due to factors like climate change, an aging electrical grid, and the expansion of the wildland-urban interface, leading to more frequent and destructive wildfires. Seven of the ten most destructive fires in California history have occurred in the past ten years, making the state a high-risk area for insurers.
Q: Why are insurance companies leaving California?
A: Insurance companies are leaving California primarily due to the increased risk and financial losses associated with wildfires. climate change has exacerbated these risks, making it tough for insurers to accurately assess and manage their exposure. This has led to unsustainable losses, prompting them to reduce their presence in the state.
Q: What are the consequences of the insurance crisis for California residents?
A: The consequences include:
Limited coverage options: Homeowners may struggle to find affordable or any insurance coverage.
Increased premiums: Remaining insurers may raise premiums to offset their increased risk.
Economic instability: Difficulty in obtaining insurance can impact property values and real estate transactions.
The California Insurance Crisis Event
Q: What is the “California Insurance Crisis” event about?
A: The “california Insurance Crisis” event, hosted by Capitol Weekly and the University of California Student and Policy Center, is a forum to discuss the challenges facing California’s insurance industry and explore potential solutions. Experts and elected officials will participate in panels and discussions.
Q: When and where is the event taking place?
A: The event is scheduled for Wednesday, May 14, 2025, from 9:00 AM to 2:00 PM at the UC Student and Policy Center, 1115 11th St, Sacramento, CA 95814.
Q: Who are the featured speakers at the event?
A: Featured speakers include:
ASM. Schiavo Pilar
Rex Frazier, Personal Insurance Federation of California
Amy Bach, United Policyholders
Sonoma County Supervisor James gore
Nancy Wallace, UC Berkeley
Q: Is ther a cost to attend, and do I need to register?
A: There is no cost to attend, but registration is required due to limited seating and It includes lunch and all conference materials.
Q: How can I register for the event?
A: You can register for the live event through this link: https://lp.constantcontactpages.com/ev/reg/2sd7zu6/lp/d7034404-5001-4caf-a7c4-ec63cd94c20e
Q: Can I attend the event virtually?
A: Yes, the event will also be accessible via Zoom. You can join the Zoom meeting through this link: https://capitolweekly.net/california-insurance-crisis-zoom/
Event Agenda Highlights
Q: What topics will be covered during the event?
A: The event agenda includes panels and discussions on the following topics:
The State of the Insurance industry
The Los Angeles Fires
* Potential solutions and future steps
The table below shows the schedule:
| Time | Activity |
| :——- | :———————————————————————————————- |
| 9:00 AM | Check-in and Coffee |
| 9:30 AM | PANEL 1: The State of the Insurance Industry (Moderated by Levi Sumightsay, Calmatters) |
| 10:45 AM | PANEL 2: The Los Angeles Fires (Moderated by Dan Morain, Capitol Weekly) |
| NOON | Luncheon Keynote |
| 1:00 PM | PANEL 3: What Next? (Moderated by Rich Ehisen, Capitol Weekly) |
Media and Contact Facts
Q: How can media representatives arrange press credentials?
A: Media representatives can arrange press credentials by calling 916-444-7665 or emailing Melody.Gere@capitolweekly.net.
Q: Who can I contact for registration information?
A: For registration information, contact Melody Gere at (916) 444-7665 or Melody.Gere@capitolweekly.net.
Q: Who should I contact for sponsorship opportunities?
A: For sponsorship information, contact Tim Foster at (916) 612-2613 or Tim.Foster@capitolweekly.net.
Q: Who can I contact with questions about the event’s content?
A: For questions about the content,contact Rich Ehinen at (916) 402-4886 or Rich.Ehinen@capitolweekly.net.
Event sponsors
Q: who are the sponsors of the California Insurance Crisis event?
A: The sponsors include THE TRIBAL ALLIANCE OF SOVEREIGN INDIAN NATIONS, WESTERN STATES PETROLEUM ASSOCIATION, KP PUBLIC AFFAIRS, PERRY COMMUNICATIONS GROUP, CAPITOL ADVOCACY, THE WEIDEMAN GROUP, and CALIFORNIA PROFESSIONAL FIREFIGHTERS.