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California’s INSANE insurance scandal is making waves! 🤯 In this video, I break down the shocking new policy that forces insurance companies to cut checks for 100% property coverage—no itemization required. This wild move could lead to MASSIVE fraud and skyrocketing premiums for everyone. What’s going on in California’s insurance world, and how will it impact homeowners, renters, and you? Plus, we’ll touch on the state’s $50M fund for fire debris removal, the fallout from these fires, and what this means for the future of insurance in the Golden State. Buckle up—this is a must-watch! #IAllegedly #Insurance #wildfires #CaliforniaInsuranceScandal
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Here are the links for the stories mentioned in this video:
https://www.nytimes.com/2025/02/14/realestate/la-fire-home-insurance-legislation.html
https://www.lexisnexis.com/community/amp-insights/112/ca-asks-insurers-to-fully-cover-la-wildfire-victims-personal-property-without-itemization-more
https://t.ly/Op4XI
https://www.msn.com/en-us/news/news/content/ar-AA1z9cCu?ocid=sapphireappshare
https://mediaroom.realtor.com/2025-02-06-Realtor-com-R-Makes-Austin,-Texas-Its-New-Headquarters
https://www.bankrate.com/home-equity/home-equity-loans-drop-while-helocs-rise-feb-12-2024/
https://wolfstreet.com/2025/02/15/here-come-the-helocs-mortgages-housing-debt-to-income-ratio-serious-delinquencies-foreclosures-in-q4-2024/
https://t.ly/Ys3m8
https://dailyhodl.com/2025/02/16/80000-abruptly-drained-from-jpmorgan-chase-account-why-the-bank-says-reimbursement-is-not-happening/
https://t.ly/Wzsiw
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And as always, please be kind to everyone. Onward and Upward.
All the best,
Dan