upper waypoint

The Problem With the Insurance Behind the Insurers

03:21
Save ArticleSave Article
Failed to save article

Please try again

 (Mario Tama/Getty Images)

Californians who live in wildfire zones are in crisis mode. Many of them have reported that they can't get their home insurance renewed or if they can, that their rates have skyrocketed after the state's string of unprecedented fire years. It's not just household-name insurers like Farmers or State Farm, but lesser known companies that insure those companies, called "re-insurers." We find out exactly what the problem is.

Guest: Dale Kasler, Sacramento Bee reporter

Sponsored

lower waypoint
next waypoint