PIFC in the Press
Browse our collection of videos and articles featuring PIFC or topics important to our industry.
Video Clips
California Insurance Crisis: State Farm Not Renewing 72,000 Policies
Rex Frazier, President of the Personal Insurance Federation of California in an interview with California Insider Opinion on what is causing insurers to make underwriting decisions in California.
Why Californians Are Losing Their Home Insurance
Rex Frazier, President of the Personal Insurance Federation of California sits down with California Insider discussing insurance companies writing fewer homeowners policies in California, and the impact this has on the California FAIR plan.
Livable California Insurance Presentation by Rex Frazier
Rex Frazier, President of the Personal Insurance Federation of California presents to Livable California about the state of the insurance market in California.
Advocating for Affordable Insurance in California
Rex Frazier, President of the Personal Insurance Federation of California interviews with Wendy Nystrom of Environmental Social Justice, they discuss average premiums in states impacted by climate change like California.
Will Insurance come back to California?
Rex Frazier, President of the Personal Insurance Federation of California interviews with Wendy Nystrom of Environmental Social Justice about the history of the California FAIR Plan and the impact of more homes being covered through the FAIR Plan is impacting the admitted insurance market.
Hearing on California's Homeowners Insurance Market
Rex Frazier, President of the Personal Insurance Federation of California testifies before the Little Hoover Commission about the state of the insurance market in California, Mr. Frazier’s remarks begin at 2:06:00.
Articles
California's Housing Crisis Meets California's Insurance Crisis
PIFC President Rex Frazier comments in the attached article on the intersection of California’s housing and insurance crises, with a focus on wildfire risks and development in high-risk areas. Download the PDF here.
California commissioner faces criticism as he tries to solve crisis in home insurance coverage
This opinion piece from Dan Walters for Cal Matters highlights how Insurance Commissioner Lara, facing criticism from Consumer Watchdog, is implementing new regulations to address the insurance crisis and improve insurance coverage despite potential cost increases and ongoing disputes over public participation.
California commissioner faces criticism as he tries to solve crisis in home insurance coverage – Cal Matters
With fires burning again, is California becoming uninsurable?
The article critiques California’s outdated insurance regulations, which are exacerbating the state’s insurance crisis by hindering insurers from adapting to increased wildfire risks and rising costs.
With fires burning again, is California becoming uninsurable? (aol.com) (Rex’s LA Times Op-ed)
California’s home insurance crisis: What went wrong, how it can be fixed and what owners can do
The article highlights California’s escalating insurance crisis driven by catastrophic wildfires and outdated regulations, which have led major insurers to withdraw from high-risk areas and increase rates. Insurance Commissioner Ricardo Lara, supported by Governor Gavin Newsom, is proposing reforms to streamline rate approvals and incorporate future catastrophe costs into premiums, aiming to improve coverage availability and reduce reliance on the costly FAIR Plan.
Why are State Farm and others leaving California’s home insurance market? Answers for beleaguered homeowners – Los Angeles Times (latimes.com)
