Revolutionizing California Insurance: Navigating New Regulations and Market Changes

Insurance Hour with Karl Susman

In this episode of Insurance Hour, host Karl Susman dives into the complexities of the California insurance market, focusing on the challenges and changes facing homeowners. He begins by addressing the difficulty Californians face in obtaining homeowners insurance due to the state's high-risk environment and lack of competition among insurance providers. Karl introduces the California Sustainable Insurance Strategy proposed by Insurance Commissioner Ricardo Lara, which aims to modernize and expedite the insurance approval process. The strategy includes creating a more efficient checklist for insurance carriers, allowing for reinsurance costs in rate calculations, and implementing catastrophe modeling for better risk assessment. Karl emphasizes the importance of these changes in fostering a competitive market and lowering insurance premiums. He also discusses misinformation surrounding these regulations and stresses the need for accurate information to make informed decisions.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is available online throughout California and world-wide.
Listeners can now tune in to Insurance Hour on great AM radio station KMET throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.
Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.
For more information about "Insurance Hour" and its programming, please contact Lara Starr at [e-mail]