Quotes
Chad is one of the best people I know,
wrote friend Tom Rhalter in the fundraiser he organized through GoFundMe for Comey
California is burning and thousands had their fire insurance canceled months ago. MAGA is crying conspiracy. There isn't one. The truth is simple. Large swaths of our country are becoming uninsurable due to climate change, due to fire or floods. And it will only get worse."
Skyler Johnson, chair of Suffolk Young Democrats, wrote on XThey're 90 years old. They've lived in this house for 75 years. They've had the same insurance, and these insurance people decided to cancel their fire,
she added, clearly frustrated
People aren't strangers to the risks. But this fire is just laying siege to these communities, and we're seeing major structural loss in places we haven't for a very long time. This is going to be a catastrophic event."
Governor Newsom saidYou are looking at BILLIONS of dollars in personal property damage. This will bankrupt California's Fire insurance fund."
Cyrus Sanati, a columnist at Fortune magazine, shared a picture of fire-damaged properties on X and wroteI know I'm not supposed to be here, but this is my parents' home. They just got canceled from their fire insurance. So they're dealing with this,
she told the TV channelWe were all thinking 2025 is going to be the year insurers regain their appetite for the market in California, but having this catastrophe hit us right out of the gate is really unfortunate,
said Amy Bach, the executive director of United Policyholders, a California-based nonprofit consumer group
Home insurance is an essential good that the private market is increasingly unwilling to provide,
Bach said
Californians deserve a reliable insurance market that doesn't retreat from communities most vulnerable to wildfires and climate change,
Insurance Commissioner Ricardo Lara said in a previous statementUp until this latest disaster, ... we thought we might be turning a corner."
she saidFor the people who lose their homes in these wildfires, there will be fights over coverage,
she saidOne day, it's just gonna be the right wind and fire's gonna start in the right place and it's gonna burn through LA all the way to the ocean and there's not a f***ing thing we can do about it
Speaking to guest and fellow comedian Sam Morril in the July 2024 episode, Rogan recounted ... He said
If the wind hits the wrong way, it's just going to burn through LA,
he saidOur number one priority right now is the safety of our customers, agents and employees impacted by the fires and assisting our customers in the midst of this tragedy."
In a statement to Newsweek, a spokesperson for State Farm said WednesdayWe paused new homeowners, condo and commercial insurance policies in California last year so we can continue to protect current customers. The cost to insure new home customers in California is far higher than the price they would pay for policies due to wildfires, higher costs for repairing homes and higher reinsurance premiums."
A 2023 statement from Allstate reported by the New York Times readI think that California is being progressive in a lot of ways in the insurance market,
What they're saying ... says Jeremy Porter, head of climate implications research at risk modeling firm First Street
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The downside of that is, there's a correction that has to be made. There's what I call a climate debt,
Porter saysSFG has managed its policy growth by limiting writing in high-risk areas for many years, and more recently, by ending all new policy sales,
Hardin added
As we discussed, SFG’s capital position has severely deteriorated, and we are increasingly concerned about its financial well-being,
Hardin wroteWe must now take action to reduce our overall exposure to be more commensurate with the capital on hand to cover such exposure, as most insurers in California have already done,
she wrote