Why Electricity and Home Insurance Rates Could Go Up in California | Jeff Ball

For many California households, wildfire shows up in the monthly electricity bill and in the cost of keeping a home insured, even far from the fire line. For survivors of recent fires, the pressure is more direct as they work to rebuild what they lost.

How wildfire costs get paid is part of that rebuilding challenge.

Jeff Ball, president and CEO of the Orange County Business Council, draws on his banking background to explain where he believes the conversation should begin.

00:00 - Intro
01:20 - Wildfire Risk and Economic Impact
05:03 - Utility Infrastructure and Funding
10:38 - Insurance Market Challenges 
23:21 - Supporting Wildfire Victims
24:55 - Collaborative Policy Solutions

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Views expressed in this video are the opinions of the host and guests and do not necessarily reflect the views of California Insider.
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