In California, many major insurers have recently dropped homeowners in high risk areas from their plans, forcing them to seek alternate coverage with the state. However the state has nowhere near enough money to cover current property damage costs, a situation that will likely get worse as wildfires continue to burn.

In this episode of Upzoned, co-hosts Abby Newsham and Chuck Marohn discuss the impact of natural disasters on the insurance industry, the feasibility of government-run insurance programs, and what this might mean for California in the long term.

• Support Southern California Wildfire Relief. (Thank you to Strong Towns Artesia for providing this resource!)

• “California’s Insurance System Faces Crucial Test as Losses Mount” by Christopher Flavelle, The New York Times (January 2025).

• Abby Newsham (X/Twitter).

• Chuck Marohn (Twitter/X).

• Theme Music by Kemet the Phantom.