US Politics
California's Insurance Crisis: A Betrayal of Promise and a Test of Principle
A candidate for California Insurance Commissioner argues that decades of accumulating regulations, rigid price controls, and insufficient wildfire prevention have created an insurance crisis that threatens the financial security of families and businesses. It is a terrifying abdication of our duty to protect citizens when the very systems designed to provide stability are allowed to collapse due to political failures and a refusal to manage fundamental risks, betraying the promise of security that is essential to a functioning society.
