Newsom Seeks Faster Track for Home Insurance Rate Hikes as Market Shrinks | KQED
Briefly

We need to get this rate ruling process done, and that's why we want to expedite it over a 60-day period. We need to stabilize this market. We need to send the right signals.
I've been watching this happen over the last three, four or five years. And we reached that tipping point and we fell over it. And so now everyone is rushing to try and fix the problem that has been occurring slowly.
If the regulations were in effect today, we would begin selling new homeowner insurance policies tomorrow.
It's still going to be a while. And when I say relief, let's be clear that people's premiums and the rates are going up. Everyone agrees that [will happen]. So when I say relief, I mean relief fr
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