How can insurance in California be reformed? Industry experts and consumer advocates weigh in

That is not everyone's take. Karl Susman, a West Los Angeles insurance broker and expert. "I'm happy to say, for the first time in probably three or four years that I've been jumping on shows like this and giving my two cents. I'm optimistic that things are finally taking a turn in the right direction," he says."At the end of the day, again, we're just looking at math. Nobody is doing anything fancy. Nobody is doing anything underhanded.

To increase rates by looking forward, rather than back, using undisclosed data that can't be challenged by regulators.To charge consumers for reinsurance. That is the insurance that insurance companies buy in order to spread out their risk. Currently, reinsurance is considered simply the cost of doing business.

"The insurance companies, under the disguise of claiming they can't afford the risk of climate change, want the legislature to, number one, roll back all the protections of Proposition 103 that have kept rates low for the last 35 years," Rosenfied says. Karl Susman sees it differently. "The timing of it is nefarious-feeling, but doesn't necessarily mean that the outcome is going to be dramatically different than it would have been had it taken, you know, a long drawn-out period of time," he says.7OYS's consumer hotline is a free consumer mediation service for those in the San Francisco Bay Area.

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