I worked in an insurance brokerage in CA for about 10 years. Property and Casualty wasn't my line but you make friends and learn what's going on.
The consensus of many of my colleagues was that State Farm had no business writing in those markets in the first place. They are a middle market company but when the high net worth companies (AIG, Nationwide, etc.) started pulling out of CA a few years ago because they had taken too many losses, SF took the opportunity. (Real estate was hot, and you need insurance for the mortgage so there was demand.). However - and this is a critical point about risk management in any line - companies don't buy claims. In life insurance, there is a 2-year suicide clause for a reason. State Farm was looking at a form of suicide. I was not at all surprised to see them pull out when they did.
Big problem is the inability to get coverage. What will that do to real estate? Lara, the insurance commissioner is pushing guaranteed issue for brush areas. He is eyeing being governor when Nuisance terms out. Look at me! I am for you little people! Asshole, it will just result in more companies leaving the state. For too long, CA has thrown its weight around because of its size, but companies are looking at the data and it is just not worth it.
That said, what is probably going to be a disaster is the FAIR plan which has been the state plan of last resort and is tremendously underfunded. But, I suspect CA will find a way to blame the industry to deflect from their own dereliction of duty. (Who issued permits to build in these areas? Who hasn't managed the land properly?) I get why people get upset at carriers but it pisses me off because this shit does not happen in a vacuum.
I honestly do not know where this is going to end up. I texted a friend of mine yesterday who I used to work with at the brokerage because I knew she was busy. She responded at 10:30pm last night and said it is bad. Worse than 2017 and 2020.
I heard a talk from a guy who worked for CalFire - this had to be in either 2018 or 2019. He said a healthy forest has about 80 trees per acre. CA has 300 per scre and a million dead trees. The fuel load is huge. It has been a problem for a long, long time.
Exactly. Add another zero to that and then I will say maybe they were serious. Think of the fines that Fox got over the Domunion or even Alex Jones.
It is like that clip in Austin Powers where Dr. Evil suggests holding the world ransom for one million dollars and the response is like 'uh, that's not that much money.'
Ditto that - I know there is an awful lot of video shared, but this is really one of the signs the GA is beginning to pierce the Normieville veil.
Plus Jeffrey Sachs is s good interview - I love the question Tucker poses about MSM essentially blackmailing him when he said on Bloomberg that we blew up the Nordstream pipeline. Yep, that turned out to be true. Again .
I'm just spitballing here. The guy who writes the comms blog has done dives into Nintendo/Super Mario Brothers/Luigi. There is a lot, but I came across this as Mario Puzo, the author of The Godfather, came up in the WordPress search.
"What is Godfather?"
"A story about a Mafia boss unable to reign in the many criminal families that are supposed to obey him."
"A story about that Mafia boss “Dying” and giving the reigns to his MILITARY TRAINED SON who can then get things under control." . Military is the only way?
This whole thing cones off very managed, for lack of a better term. The Luigi character is an Italian plumber (fixer?) from NY where tge shooting occurred. There is a very mob vibe about this incident. How this all fits in with the murder of a man on the street, I am not sure, but messages are definitely being relayed. IMHO.
She's good. The background she gave on Kamala on Tucker was excellent (I think it was Tucker - that seems ages ago and I think it was only in mid-October.) And she made it clear that the censorship BS was the hill she was ready to die on.
I drive 1-280 between SF and SJ. You can not see signs because no one has come into cut brush away. I have been giving serious thought to stopping and taking pictures.