California faces insurance crisis as homeowners lose coverage amid extreme weather

Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found that their policies had been cancelled as companies said the rising cost of rebuilding, and the risk of extreme weather, was too great. In a world increasingly threatened by climate change, there’s no easy fix to the state’s insurance crisis. William Brangham reports. Watch PBS News for daily, breaking and live news, plus special coverage. We are home to PBS News Hour, ranked the most credible and objective TV news show.  Newsletters: https://www.pbs.org/newshour/subscribe  PBS News podcasts: https://www.pbs.org/newshour/podcasts  Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG  Find more from PBS News at https://www.pbs.org/newshour Subscribe to our YouTube channel: https://bit.ly/2HfsCD6  Follow us: TikTok: https://www.tiktok.com/@pbsnews  X (formerly know as Twitter): http://www.twitter.com/newshour  Instagram: http://www.instagram.com/newshour  Facebook: http://www.pbs.org/newshour