California Governor Candidates Grapple With Insurance Rate Fixes
Candidates quarreled over how to fix California’s home insurance crisis, accusing each other of not offering concrete solutions.
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By Giulia CarbonaroSenior Housing ReporterShareNewsweek is a Trust Project memberSee more of our trusted coverage when you search.Prefer Newsweek on Googleto see more of our trusted coverage when you search.California’s gubernatorial candidates clashed Tuesday night over how to tackle the state’s home insurance crisis, as insurers continue pulling back from wildfire-prone areas and premiums rise sharply—an issue now central to the 2026 race.Several major insurers have restricted coverage or stopped writing new policies in California in recent years, citing escalating wildfire risk, higher repair costs and strict state rules requiring regulators to approve significant rate increases.The pullback has helped drive what critics describe as a breakdown in parts of the state’s home insurance…
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