California's Insurance Market in Shambles

Insurance: California's Insurance Market in Shambles

Understand the state of today’s habitational insurance market and get helpful information on how to navigate California’s crisis. Wildfires have burned nearly 10 million acres and destroyed 39,000 homes in the past five years alone, exacerbating the state's insurance instability.

Major carriers have stopped writing new policies or exited the market entirely, leaving many property owners—especially those in high wildfire risk zones—with few or no options for homeowners insurance. This timely webinar, presented by the experts at Jaffe Insurance Agency, will help you understand what’s happening, what coverage options are available, and how to prepare for increased costs.

During this webinar, you will learn:

• The current status of habitational insurance in California—premiums, availability, and coverage explained.
• Tips on maintaining a good insurance profile as a policyholder.
• Recent historical changes in the insurance market and how they affect you.
• What to expect at renewal—availability, rising costs, and reduced coverage.
• How to read and understand your insurance policy.
• Why rates are rising—issues with reinsurance, high claims volume, and Department of Insurance regulations.
• Proactive steps you can take to improve your insurance outcomes.
• Surplus lines and non-admitted carriers—are they worth the risk?
• The importance of proper risk management and working with knowledgeable brokers.
• Live Q&A throughout to address your specific concerns.

Please log in to register at www.aagla.org/events. For questions, email Events Manager Diana Alcaraz at diana@aagla.org.

WARNING: THE INFORMATION PROVIDED DURING THIS WEBINAR IS FOR GENERAL INFORMATION PURPOSES ONLY. ABSOLUTELY NO LEGAL OR TAX ADVICE IS BEING GIVEN DURING THIS WEBINAR. BEAR IN MIND THAT EVERY SITUATION IS UNIQUE, AND THE LAWS, RULES AND REGULATIONS ARE SUBJECT TO CHANGE AT ANY TIME. SO, BEFORE ACTING, BE SURE TO OBTAIN TAX AND/OR LEGAL ADVICE FROM YOUR LICENSED PROFESSIONAL.

Panelist:

Gannon Laidlaw, Property & Casualty Producer, Jaffe Insurance Agency
With over 7 years in the insurance industry, Gannon handles a variety of personal and commercial exposures, including single-family rentals, apartment complexes, and multimillion-dollar businesses. A UCLA graduate and part of a family-owned agency, he emphasizes education, service, and strong client relationships.

Moderator:

Daniel Yukelson, AAGLA Executive Director
Daniel Yukelson is the Executive Director of the Apartment Association of Greater Los Angeles. A CPA by training, he has held senior financial roles including CFO of Premiere Radio Networks and Oasis West Realty. He also served on the Beverly Hills Planning and Public Works Commissions.

Jaffe Insurance Agency:

Founded in 1948, Jaffe Insurance Agency (JIA) is a family-owned independent firm based in California. They specialize in both personal and commercial insurance lines and have deep expertise in the evolving California habitational risk market, serving clients from single-family landlords to large apartment property owners.

Webinar Registration Ticket Price:

• Member Ticket: $0.00

REGISTRATION ENDS SEPTEMBER 27, 2023

Presentation By:

Jaffe Insurance Agency