4.5 • 2.2K Ratings
🗓️ 10 January 2025
⏱️ 142 minutes
🧾️ Download transcript
- State Farm's Insurance Policy Cancellations in California (0:00)
- Insurance Industry's Response to California's Uninsurability (3:38)
- Comparisons to Historical Disasters and Economic Implications (6:03)
- Dioxin Contamination and Food Supply Concerns (9:52)
- Geopolitical and Economic Implications of the California Fires (51:06)
- Doc Pete Chambers' Ministry and Response to Disasters (1:01:44)
- The Role of Faith and Community in Disaster Response (1:02:13)
- The Importance of Local Leadership and Community Support (1:11:26)
- The Future of Disaster Response and Community Support (1:11:54)
- The Role of Government and the Importance of Independence (1:12:14)
- The Importance of Spiritual Guidance and Community Support (1:12:32)
- Discipleship and Resistance (1:13:00)
- Community and Emergency Preparedness (2:18:23)
- Future Challenges and the Art of the Jedburg (2:18:55)
- Building Infrastructure and Response Teams (2:19:11)
- Food Decentralization and Personal Responsibility (2:19:26)
- Government Overreach and Personal Freedom (2:19:43)
- The Role of Churches and Communities (2:20:00)
- The Future of the Nation and Personal Responsibility (2:20:20)
- The Importance of Faith and Community (2:20:39)
- The Role of Personal Responsibility in Preparedness (2:21:31)
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Click on a timestamp to play from that location
0:00.0 | Welcome to Briteon, January 10th, 20205. |
0:16.0 | Mike Adams here, thank you for joining me. |
0:19.0 | Let me start with a story that we covered on natural news.com |
0:22.6 | from last year, April of last year, April 8th, in fact, here it is. Here's the headline. State Farm announces it won't renew 72,000 property insurance policies in California to avoid financial collapse due to a wave of claims. |
0:40.6 | And in that story on Natural News by Cassie B says that in their announcement, the company said that the homeowner's insurance policies for 30,000 customers, including condominium owners, will not be renewed. |
0:54.7 | They will also be putting an end to offering commercial apartment policies and will not renew |
0:59.4 | the 42,000 of those that they have in place. |
1:04.2 | In a statement, State Farm said they did not make the decision lightly. |
1:08.0 | They added that they take, quote, seriously, our responsibility to maintain adequate |
1:13.4 | claims-paying capacity for our customers and to comply with applicable financial solvency laws. |
1:21.4 | It is necessary to take these actions now. |
1:26.1 | And, of course, as I mentioned there, when covering that story, I said it's obvious |
1:34.7 | that State Farm is saying that if they don't cancel these policies, they will go bankrupt. |
1:40.8 | They say they, in order to comply with applicable financial solvency laws and to maintain adequate claims paying capacity for our customers, |
1:52.5 | they're saying in order to have any money to pay out claims, we're going to have to cancel these policies. |
1:58.9 | Tens of thousands. |
1:59.9 | Well, almost 100,000 policies. What does that mean? |
2:03.7 | That they knew that those policies in California would be a money pit. They knew that the damage |
2:12.0 | would be far more than what the premiums bring in. They knew that last year. So the obvious question becomes, |
2:21.3 | what exactly did they know was coming? And I'm not accusing State Farm of having, |
2:31.4 | you know, being part of a conspiracy or anything like that, maybe they're just doing the math |
2:35.4 | and saying that, you know, the claims in California are just way too high because, of course, |
... |
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