Camille von Kaenel, a California environmental reporter for POLITICO, discusses the dire state of California's insurance market, exacerbated by ongoing LA wildfires. She explains how the fires may push the already fragile market to the brink of collapse, with private insurers withdrawing from high-risk areas. The conversation also touches on the challenges faced by homeowners due to increasing costs and the state's last-resort insurer, along with potential regulatory changes aimed at stabilizing property insurance in affected regions.