By Bill Dodd -- Special to The Sacramento Bee, January 22, 2024
Insurance isn’t fun or interesting or even easy to understand, but it is essential. And now it’s at risk.
We don’t have a robust insurance market in California. It’s quite the opposite: More than five years of destructive, climate-driven wildfires have triggered billions of dollars in claims, causing insurers to leave in droves. Those that remain are refusing to renew policies, especially in fire-prone wildland-urban interface areas.