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California fires: VP Harris called out over claim about canceled insurance
Fox Business ^ | 1/11/2025 | Breck Dumas

Posted on 01/11/2025 4:49:24 AM PST by bert

Insurance industry calls Harris' claim that insurers are canceling policies 'false, wrong and dangerous'

The insurance industry is pushing back after Vice President Kamala Harris suggested insurance companies have canceled the policies of victims of California's wildfires, calling her claim "false, wrong and dangerous."

During a press conference regarding the ongoing wildfires on Thursday, Harris said, "Many insurance companies have canceled insurance for a lot of the families who have been affected and will be affected, which is only going to delay or place an added burden on their ability to recover."

"I think that is an important point that must be raised," she continued, "and hopefully there can be some way to address that issue, because these families — so many of them — otherwise will not have the resources to recover in any meaningful way, and many of them have lost everything."

(Excerpt) Read more at foxbusiness.com ...


TOPICS: Business/Economy
KEYWORDS: california; demagogicparty; demagogue; ecoterrorism; ecoterrorists; fireinsurance; globalwarminghoax; greennewdeal; kamalaharris; lyingliberalliar; pacificpalisades; vpharris
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To: SMARTY; Brian Griffin

In North Carolina, rebuilding od destroyed houses in the flood plain will be prohibited

In LA, rebuilding in a fire plain will be prohibited


21 posted on 01/11/2025 5:32:07 AM PST by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: AdmSmith; AnonymousConservative; Arthur Wildfire! March; Berosus; Bockscar; BraveMan; cardinal4; ...
She should be lawfared and perp-walked into prison for 'misinformation' -- and her political rival Gavin Newsom is in such deep manure that he's just the clown to do it:

22 posted on 01/11/2025 5:37:05 AM PST by SunkenCiv (Putin should skip ahead to where he kills himself in the bunker.)
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To: bert

In Florida, going without insurance and hoping to get another placing if needed by selling a vacated lot is common.

I do this myself.

Insanity-level insurer fear has the bright side of changing neighborhoods into enclaves of high-asset/high-income, responsible people.

Landlords won’t operate in uninsurable neighborhoods when they have to rent to junkies who might burn down the landlord’s uninsurable building.


23 posted on 01/11/2025 5:40:21 AM PST by Brian Griffin
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To: SMARTY

“Property that is not insurable would be very hard to sell”

to the middle class


24 posted on 01/11/2025 5:46:21 AM PST by Brian Griffin
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To: bert

Did California’s government central planners do anything right?


25 posted on 01/11/2025 5:53:49 AM PST by MulberryDraw
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To: Cletus.D.Yokel

Everyone in LA is an actor and you have no sympathy.
Thanks for letting us know who you are.


26 posted on 01/11/2025 5:55:46 AM PST by vivenne (7)
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To: MulberryDraw

The answer to that question involves history and is “beyond My capacity”


27 posted on 01/11/2025 5:55:47 AM PST by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: bert

“In LA, rebuilding in a fire plain will be prohibited”

The people that own $3 billion of land can put up quite a legal fight.

It is not uncommon for land in LA to be worth three times the value of the house that sits on it.

The Florida land that my house sits on is more valuable than my house.


28 posted on 01/11/2025 5:57:02 AM PST by Brian Griffin
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To: Brian Griffin

LA was.

LA isn’t


29 posted on 01/11/2025 6:00:09 AM PST by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: bert

This is what worries me. Apparently, Newsome has already said he is working with developers to re-zone single family zoned Pacific Palisades to multi family zoning. Think about that Newsome as Gov doesn’t have jurisdiction, City Council does and developers have no say, or at least shouldn’t. Homeowners, citizens are being completely bypassed.


30 posted on 01/11/2025 6:01:39 AM PST by vivenne (7)
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To: bert

By the end of this year they will cancelled the entire State and moved out completely, and right now the vice prostitutes house is under Mandatory evacuation, all of Brentwood is from the 405 to Mandeville Cyn. Her house is up Kenter not far from the end of the street in the mountains and is in the fire line as we speak.


31 posted on 01/11/2025 6:03:06 AM PST by eyeamok
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To: eyeamok

Kammie is having a bad year.


32 posted on 01/11/2025 6:04:43 AM PST by vivenne (7)
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To: bert

This is one time when I think Ol’ Kamala is in the right.

The insurance companies are claiming that they are not canceling policies post-fire, but they pretty clearly were (maybe understandably) canceling policies pre-fire.


33 posted on 01/11/2025 6:06:36 AM PST by 9YearLurker
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To: TigerClaws

The Ca fair plan is bankrupt, and it is financially backstopped by the Insurance Companies, they will all LEAVE this State before the gubmint tries to force them to EAT THIS $200 BILLION DOLLAR LOSS. Nobody will get jack squat except maybe a $1000 housing voucher.

Taking bets now that I am right


34 posted on 01/11/2025 6:07:03 AM PST by eyeamok
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To: eyeamok

Yesterday I was fooled by clickbait on You Tube.

It mentioned that the VP house was in ther evac zone and so was the house of Hunter Biden. However, the actual video never got around to advising about Hunter Biden. Do you know if he has a house that might be in jeopardy?

I’m sorry, but I just had to ask


35 posted on 01/11/2025 6:08:57 AM PST by bert ( (KE. NP. +12) Where is ZORRO when California so desperately needs him?)
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To: marktwain

I heard a story on the radio that California put a cap on what insurance companies can charge for the premiums. Based on that, the insurance companies didn’t renew because they wouldn’t be able to make a profit. Then Sacremento and the media get to blame the “greedy” insurance companies.


36 posted on 01/11/2025 6:09:43 AM PST by Texas resident (AMF to BHO)
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To: bert

the house he was renting burned down, gone.


37 posted on 01/11/2025 6:10:13 AM PST by eyeamok
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To: 9YearLurker

not cancelling ... just not renewing after it expires ...


38 posted on 01/11/2025 6:11:52 AM PST by bankwalker (Repeal the 19th ...)
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To: bankwalker

Okay, but to similar result.


39 posted on 01/11/2025 6:20:36 AM PST by 9YearLurker
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To: ncalburt

Yes months before it appears


40 posted on 01/11/2025 6:22:12 AM PST by italianquaker
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