• Why the LA fires could break California’s insurance market

  • Jan 10 2025
  • Length: 9 mins
  • Podcast

Why the LA fires could break California’s insurance market

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  • Summary

  • The devastating wildfires that are raging throughout the Los Angeles area could break California's insurance market. POLITICO’s Camille von Kaenel lays out how the state's insurance market has already been teetering on the edge of insolvency for years now and why these recent fires could accelerate its collapse. Plus, a new analysis published in the journal Science says EPA's power plant climate rule would accelerate greenhouse gas emissions reductions from the power sector by pushing coal retirements. Camille von Kaenel is a Calfironia environmental reporter for POLITICO. Nirmal Mulaikal is a POLITICO audio host-producer. Annie Rees is the managing producer for audio at POLITICO. Gloria Gonzalez is the deputy energy editor for POLITICO. Matt Daily is the energy editor for POLITICO. For more news on energy and the environment, subscribe to Power Switch, our free evening newsletter: https://www.politico.com/power-switch And for even deeper coverage and analysis, read our Morning Energy newsletter by subscribing to POLITICO Pro: https://subscriber.politicopro.com/newsletter-archive/morning-energy Learn more about your ad choices. Visit megaphone.fm/adchoices
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