In this episode of Insurance Hour, Karl Susman dives into a range of insurance-related topics, focusing on educating listeners about the fundamentals of insurance. Karl begins by exploring the history of insurance, tracing its origins to the 14th century and the evolution of mutual agreements into modern commercial policies. He highlights how the industry has grown, citing Lloyd’s of London as a key example. The discussion then shifts to how insurance is regulated in the U.S., with each state having its own Department of Insurance, and how that affects policyholders.

Karl also answers a listener's question about purchasing a home in an area where insurance companies refuse to write policies. He explains the possible reasons for an insurer's reluctance, ranging from the property's condition to its location. Additionally, Karl covers alternative options like surplus and non-admitted insurance markets.

Karl emphasizes that while claims adjusters are key players in settling claims, they are also people who can have good or bad days. He offers advice on how to handle disputes over claims, reminding listeners that there are escalation processes and regulatory bodies they can appeal to when necessary.

The episode concludes with a deep dive into various types of insurance agents—captive, employee, and independent—and tips for dealing with claims.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of "Insurance Hour," Karl Susman dives deep into the challenges facing the California insurance market, particularly focusing on the difficulties homeowners face in securing property insurance amidst the current market crisis. He explains how major insurers are pulling out of the state, leaving the California Fair Plan as the last resort for many residents. Susman also discusses the potential financial instability of the California Fair Plan and the broader implications for homeowners. The episode highlights the complex regulatory environment, the economic pressures on insurance companies, and the tough choices consumers must make when navigating this challenging landscape. Additionally, Susman touches on the importance of understanding different types of insurance claims, including auto, homeowners, medical malpractice, and cyber insurance, providing practical advice for listeners on how to manage these situations.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

The latest episode of Insurance Hour, hosted by Karl Susman, dives into the current challenges facing the California insurance market. The show begins with a discussion on Proposition 103, a significant piece of legislation passed in 1988, and its long-term impacts on the insurance landscape. Karl explains how the historical reliance on Prop 103 has contributed to today's insurance crisis, particularly in the context of climate change, wildfires, and other natural disasters. He discusses the California Sustainable Insurance Strategy introduced by Insurance Commissioner Ricardo Lara, which aims to modernize the insurance system, improve availability, and create a more competitive market. The episode also highlights the growing reliance on the California Fair Plan as a last resort for many homeowners and the implications of this shift. Karl wraps up by providing insights on what changes are expected in the near future and how consumers can prepare for the evolving insurance environment in California.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of Insurance Hour, host Karl Susman interviews Rachel Goldman, a former claims adjuster with a decade of experience in the insurance industry. Rachel shares insights into the role of a claims adjuster, detailing the complexities of handling auto insurance claims, the challenges of determining fault, and the impact of claims on insurance premiums. The conversation also explores the human element in insurance, the process of dealing with attorneys, and the red flags associated with insurance fraud. Rachel provides practical advice for individuals dealing with claims and highlights the importance of maintaining clear documentation and a calm demeanor when interacting with insurance representatives.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of "Insurance Hour," hosted by Karl Susman, the focus is on addressing common questions from Californians about various insurance topics. Karl discusses the importance of building homes with fire-resistant materials and the guidelines provided by the Safer from Wildfires organization. He explains the viability of the private home insurance model in California, highlighting the Sustainable Insurance Strategy set by the Department of Insurance. Karl answers queries about non-renewal notices from companies like State Farm, the concept of fair rates in high fire zones, and the solvency of the California Fair Plan. Additionally, he delves into catastrophe modeling (CAT models) and its implications for future insurance coverage. The show also covers the importance of earthquake insurance, mobile home insurance, and the role of the Fair Plan in providing fire insurance. Throughout the episode, Karl emphasizes the need for consumers to stay informed and proactive in managing their insurance needs.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of "Insurance Hour," host Karl Susman interviews Janet Ruiz, the Director of Strategic Communications at the Insurance Information Institute (Triple-I). The conversation covers a broad range of topics related to the current state of the insurance market in California, particularly the challenges posed by Proposition 103 and the impact of recent catastrophic events like wildfires. Janet Ruiz provides insights into the role of Triple-I in educating both the public and industry professionals about insurance issues, the significance of adequate insurance rates, and the ongoing efforts to modernize California’s insurance regulations. The discussion also touches on the financial stability of insurance companies, the role of reinsurance, and the importance of mitigation strategies to improve resilience against natural disasters.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of "Insurance Hour," host Karl Susman interviews Assemblywoman Blanca Pacheco about her new bill aimed at setting insurance limits for car-sharing services. The conversation delves into the nuances of liability insurance, consumer choices in purchasing policies, and the potential impact of the proposed legislation on car-sharing. Karl provides insights into the importance of liability insurance as a protective buffer against negligence claims and explains how consumers can make informed decisions regarding their insurance needs.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of "Insurance Hour," host Karl Susman takes the audience on a journey outside the studio to Sacramento, where he meets with elected officials to discuss various pressing issues related to the insurance industry. The episode features a special interview with Amanda, shedding light on significant legislative changes and their impact on Californians. The conversation delves into critical topics, including insurance policies, claims, and the intricacies of the California insurance market, providing listeners with valuable insights and updates.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com

In this episode of "Insurance Hour," host Karl Susman sits down with Senator Alvarado-Gil at her picturesque home to discuss the California Fair Plan and the new discounts available to homeowners. They delve into the significance of these discounts, how they impact residents living in wildfire-prone areas, and the broader implications for California's insurance market. The conversation also touches on the challenges and benefits of living away from urban centers, the beauty of rural California, and the senator's insights into state policies affecting homeowners' insurance.

Insurance Hour is hosted by renowned insurance expert Karl Susman. Karl is a frequent guest on television stations such as ABC, CBS, Spectrum, The CW and FOX, and now his popular radio program is syndicated TO OVER 30 MILLION LISTENERS throughout California.

Listeners can now tune in to Insurance Hour on great AM radio stations throughout the state of California.

In addition to traditional radio, Insurance Hour is available on several popular streaming platforms, ensuring that listeners can access the show at their convenience.

Audiences worldwide can now enjoy Insurance Hour at InsuranceHour.com, on YouTube, Amazon Music, Tuneln, Alexa, Apple Podcasts, and the iHeartRadio app.

For more information about "Insurance Hour" and its programming, please contact Lara Starr at pr@insurancehour.com