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insurance crisisABC News
•Business
Business & Economics
77% Informative
California 's insurance crisis leaves neighbors facing unequal recovery after wildfires.
Louise Hamlin and Chris Wilson lost their homes in a California wildfire.
How they are navigating rebuilding is a story of contrasting fortunes and unequal recovery.
The issue is particularly acute in California , where some major insurance companies have stopped writing new policies.
Insurance Commissioner Dave Jones : "We’re marching steadily towards an uninsurable future in the United States " Seven of the top 12 insurance companies either paused or restricted new business in California in 2023 .
Insurance commissioner: "There’s a big question of who is going to pay for this, there’s big question".
With a baby on the way, Wilson said he can’t fathom living in limbo on the FAIR Plan forever.
He’s thinking about leaving California if private insurance remains out of reach.
“Stuck paying for an insurance that doesn't cover anything,” Wilson said.
VR Score
80
Informative language
77
Neutral language
51
Article tone
informal
Language
English
Language complexity
53
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
14
Source diversity
1
Affiliate links
no affiliate links
