Macro Finance
California’s Kim Says Insurance Should Fund Wildfire Safety, Not Super Bowl Ads
Bloomberg Markets·November 11, 2026·1 min read
California's newly elected insurance commissioner, a protégée of Senator Bernie Sanders, is promising sweeping changes to the state's $3 trillion home and auto insurance market. She argues insurance funds should prioritize wildfire safety over Super Bowl ads, as climate-fueled wildfires drive up costs and private insurers flee the state.
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