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Navigating Change in the California Insurance Market
Manage episode 386012909 series 3520150
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In this podcast, Karl has described important aspects of the challenges the insurance industry is facing in California, particularly due to the changing climate and the increasing frequency and severity of catastrophic events. Karl emphasizes the need for the industry to adapt to these changes, both in terms of predicting losses and creating affordable insurance products for consumers. He notes that the transition period is a challenging time for both consumers and insurance companies. Karl points out that the reduction in the number of carriers and the resulting lack of competition have led to higher premiums for consumers. He advises listeners to pay attention to their policy renewals, consider automatic payment plans to avoid lapses, and, if necessary, explore options with carriers they may not have heard of. Additionally, Karl discussed the regulatory changes initiated by the governor's office to address the current situation. He urges the Department of Insurance to take measures to encourage insurance companies to re-enter the market and offer coverage. Overall, Karl's podcast provides valuable insights into the complexities of the insurance industry, the impact of climate change on risk assessment, and the ongoing efforts to stabilize the market in California.
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 syndicated TO OVER 30 MILLION LISTENERS throughout California.
Listeners can now tune in to Insurance Hour on:
TUESDAY
1200-1300 | KZSB | 1290 AM | Santa Barbara, Ca
1900-2000 | KZSB | 1290 AM | Santa Barbara, Ca
WEDNESDAY
0952-1000 | KZSB | 1290 AM | Santa Barbara, Ca
THURSDAY
0700-0800 | KCAA | 1050 AM / 106.5 FM | Redlands, Ca
FRIDAY
0900-1000 | KMET | 1490 AM / 98.1 FM | Banning, Ca
SATURDAY
0700-0800 | KTRB | 860 AM | San Francisco, Ca
1200-1300 | KEIB | 1150 AM | Los Angeles, Ca
KION | 1460AM | Salinas, Ca
1300-1400 | KCBQ | 1170 AM / 96.1 FM | San Diego, Ca
1600-1700 | KEIB | 1150 AM | Los Angeles, Ca
SUNDAY
1700-1800 | KFBK | 1530 AM / 93.1 FM | Sacramento, Ca
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 pr@insura...
Chapters
1. Segment 01 (00:00:00)
2. Segment 02 (00:10:24)
3. Wrap Up (00:20:14)
55 episodes
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