Joy Chen of EFSN and Jill Spivack Op-Ed on Why Insurance Commissioner Should Resign

The two authored an op-ed arguing California’s insurance system has failed wildfire survivors, citing a New York Times report that alleges Insurance Commissioner Ricardo Lara made a secret deal with insurers that allowed them to drop large numbers of policyholders in exchange for future rate hikes. Survivors report widespread delays and denials in claims, leaving many displaced and financially strained nearly a year after the LA fires. The piece claims California’s consumer protection laws have not been enforced, contributing to housing insecurity, stalled rebuilding, and economic instability. It warns that the insurance crisis is turning into a broader housing and credit crisis and calls on state leaders to replace current Department of Insurance leadership to restore accountability and protect consumers. Read the full op-ed here.