How the LA Wildfires Will Impact Insurance: An Interview with Former California Insurance Commissioner Dave Jones

The recent wildfires in Los Angeles are raising serious questions about the future of home insurance in California.
How the LA Wildfires Will Impact Insurance: An Interview with Former California Insurance Commissioner Dave Jones
California homeowners may be on the hook for LA fire loss | Former Insurance Commissioner Dave Jones
California Insider Opinion
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The recent wildfires in Los Angeles are raising serious questions about the future of home insurance in California. As wildfires become more frequent and severe, insurance companies are reassessing their risk models, leading to higher premiums and stricter coverage limits. California Insider spoke with former California Insurance Commissioner Dave Jones to break down what this means for homeowners, the role of the FAIR Plan, and what Californians can do to protect themselves financially.

Why Insurance Rates Are Rising

Siyamak Khorrami: Dave, people are concerned about how these fires will affect insurance. What do you see happening?
Dave Jones: This isn’t just a California issue. Across the U.S., insurers are struggling to stay profitable as extreme weather events—including hurricanes, tornadoes, droughts, floods, and wildfires—become more severe. These disasters are causing record financial losses for the insurance industry.
California Insider Opinion
California Insider Opinion
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