Why Home Insurance Markets in California and Florida Imploded
Odd Lots
Bloomberg
4.5 • 2K Ratings
🗓️ 21 March 2024
⏱️ 78 minutes
🧾️ Download transcript
Summary
In recent years, we've seen home insurance premiums soar by historic amounts. Not only have prices gone up, but in some instances, we've seen national carriers simply announce that they're abandoning certain states. So, what's behind the mess? Why isn't competition causing markets to come into balance? What is the role of state insurance regulators? On this episode we speak with two guests who help us understand the problem. Amias Gerety is a partner at QED Investors, and a board member for the insurance company Kin. RJ Lehmann is the editor-in-chief for the International Center for Law & Economics. The two of them discuss insurance from both the financial side and the regulatory side. They explain where things have gone wrong and the prospects for market stabilization.
See omnystudio.com/listener for privacy information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | What is the Gen AI opportunity in Tax? Here are some thoughts from EY and real-time insights. |
| 0:08.0 | Tax has always been an area of heavy data and heavy rules. |
| 0:14.0 | Generative AI opens up an opportunity for tax professionals to use natural language |
| 0:18.6 | that they're comfortable using to query the data to ask different questions and provide new business insights. |
| 0:24.4 | Learn more at EY.com. |
| 0:27.6 | Hi everyone, I'm Paul Lanka. And I'm skip Bronson and what happens when two old friends take their decades of experience in the business and entertainment roles and sit down with our buddies. |
| 0:42.8 | You get Our Way, a brand new show from My Heart Podcast where we chop it up with our |
| 0:47.3 | palace about everything under the sun. |
| 0:49.9 | This is our podcast and we're going to do it our way. |
| 0:53.6 | Listen to our way on the I Heart Radio app, Apple Podcasts, |
| 0:57.4 | or wherever you get your podcast. |
| 0:59.3 | Bloomberg Audio Studios. |
| 1:04.4 | Podcasts, Radio News. Hello and I'm Tracey Allaway. |
| 1:15.0 | Hello and welcome to another episode of the Odd Lots podcast. |
| 1:22.0 | I'm Jill Weisenthol. And I'm Tracy Allaway. |
| 1:24.6 | Tracy, it's funny that like in all the coverage of finance generally, you know, we talk |
| 1:29.5 | about banking, we talk about brokerage, we talk about deals, etc. There's not a lot of talk about brokerage, we talk about deals, |
| 1:33.2 | there's not a lot of talk about insurance. |
| 1:35.6 | I know, it's so weird. |
| 1:37.0 | I feel like it's kind of a blind spot for financial journalism, |
| 1:40.3 | and I'm sure I'm gonna get a lot of tweets and emails from dedicated insurance |
| 1:45.9 | correspondence. |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Bloomberg, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Bloomberg and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.