Sacramento, CA — A panel of leading insurance experts gathered in Sacramento last week to tackle California’s escalating home insurance crisis. Hosted by the Center for California Real Estate (CCRE), the event featured insights from policy and risk leaders, including Stanford’s Michael Wara, who warned that premiums could continue rising for the next 10 to 20 years.
The discussion, Strengthening California’s Insurance Market, also featured experts from CSU Northridge, United Policyholders, and the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.). Panelists cited rising construction costs in Los Angeles and underinsurance in wildfire-stricken areas like Altadena as key concerns.…