Insurance Hour, Karl Susman
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Insurance Hour, Karl Susman
@insurancehour.com
Syndicated radio program Insurance Hour, hosted by insurance expert Karl Susman. Known for appearances on ABC, CBS, FOX, and NBC affiliates. https://insurancehour.com
Karl Susman, speaking with Spectrum News 1 SoCal, breaks down the roles in the State Farm rate hike hearing. While Consumer Watchdog is paid to oppose hikes, the Department of Insurance sees the situation as urgent—backing action shows they've reviewed the facts & put consumers first. #InsuranceNews
April 30, 2025 at 12:31 AM
Karl Susman talks to Spectrum News 1 about the State Farm rate hike amid rising customer concerns over premiums and claims post-wildfires. State Farm is facing losses and a significant drop in surplus. The Department of Insurance acknowledges the urgency of the situation. #InsuranceNews #StateFarm
April 28, 2025 at 5:02 PM
Discover the reasons behind the soaring costs of homeowners insurance in Karl Susman's latest article: http://dlvr.it/TKD9SV #InsuranceHour #InsuranceNews #HomeInsurance #Kiplinger
Why Homeowners Insurance Has Gotten So Very Expensive
The home insurance industry is seeing more frequent and bigger claims because of weather, wildfires and other natural disasters.
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April 17, 2025 at 7:00 PM
Join @ABC10 as they chat with insurance expert Karl Susman about the effects of the proposed rate increases on customers. He explains that not all premiums will be impacted equally; only fire insurance is expected to see changes, & some low-risk areas could actually experience decreases. #Insurance
April 17, 2025 at 12:33 AM
Karl Susman outlines the ongoing State Farm rate increase situation. The judge is deliberating after a three-day hearing, but final approval rests with the Department of Insurance. If no rate increase is granted, it could challenge current insurers & hinder new policy writing. #InsuranceHour
April 15, 2025 at 7:03 PM
Insurance Commissioner Lara discussed State Farm's rate hike & their commitment to CA. With State Farm holding 20% of the market, their exit would leave a significant gap. They're raising an additional $400 million from outside CA & will provide refunds with interest for unused policy increases.
April 14, 2025 at 5:04 PM
Good news, California! Insurance companies are stepping up to cover claims after the LA wildfires. Thanks to the Insurance Commissioner's Sustainable Insurance Strategy, there's a clear path for companies to reenter the market. #CaliforniaWildfires #InsuranceNews #CaliforniaInsurance #InsuranceHour
April 13, 2025 at 9:04 PM
🌟 Karl Susman discuss the essential topic of having additional living expenses coverage after the recent wildfires. Stay informed about your options and don't overlook this crucial protection! 📺🔥 #WildfireCoverage #InsuranceTips #HomeInsurance #WildfireSafety #InsuranceHour #ABC10
April 12, 2025 at 9:04 PM
Did you miss the State Farm rate hike hearing this week? Insurance expert Karl Susman breaks down the big takeaways from the public hearing, which included the CA Department of Insurance, Insurance Commissioner, and Consumer Watchdog representatives. Watch here: http://dlvr.it/TK6K0Y #KCALNews
Insurance expert breaks down State Farm's rate hike request hearing in California and what's next
Insurance industry expert Karl Susman answers questions regarding the three-day State Farm hearing that wrapped up in Northern California this week. The insurance company is asking for an immediate rate increase, claiming it's in a financial emergency. Susman breaks down the big takeaways from the public hearing, which included the CA Department of Ins
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April 12, 2025 at 2:46 AM
Karl Susman discusses the future of homeowners insurance in CA. With wildfires becoming the new norm, premium rates are rising in high-risk areas. It's crucial to review your policy for proper coverage. Consider using autopay to avoid missed payments that could affect your renewal. #InsuranceHour
April 12, 2025 at 1:03 AM
Why Homeowners Insurance Has Gotten So Very Expensive? Check out Karl Susman's latest article on Kiplinger to find out: http://dlvr.it/TK67Zc #InsuranceHour #HomeownersInsurance #Wildfires #InsuranceCosts #HomeInsurance
Why Homeowners Insurance Has Gotten So Very Expensive
The home insurance industry is seeing more frequent and bigger claims because of weather, wildfires and other natural disasters.
dlvr.it
April 11, 2025 at 8:31 PM
Struggling to find insurance in the real estate market? You're not alone! Many agents face challenges closing deals due to customers' inability to secure insurance. Remember, keep your payments on auto pay to avoid losing coverage! #Insurance #InsuranceAdvice #InsuranceHour
April 10, 2025 at 8:03 PM
Join Karl Susman and Amrit Singh as they dive into State Farm's recent rate hearing. Find out why the company asserts it's operating at a loss, the effects of California's insurance regulations, and tips for homeowners to save money in the future. Don't miss out: http://dlvr.it/TK3prx #Insurance
The Insurance Meltdown: What State Farm’s Big Hearing Means for You
Insurance Hour 36.4K subscribers <__slot-el _="@=2340,x=209,y=584,w=94,h=36,co=15;15;15;1.0"> <__slot-el _="@=2356,x=209,y=620,w=0,h=0,co=15;15;15;1.0"> California’s insurance market is in crisis. State Farm, the state’s largest property insurer, is asking for a major rate increase — and what’s happening behind closed doors might affect millions of homeowners. In this episode of Inside the Issues, insurance expert Karl Susman breaks down the dramatic first day of State Farm’s rate hearing, explains what’s really a ...more
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April 9, 2025 at 9:00 PM
Have you lost your home to a wildfire? Stay calm! Course of Construction policies are designed just for situations like this. Plus, recent regulations allow for a pause on non-renewals for up to a year, giving you the opportunity to think through your options. #HomeInsurance #InsuranceHour
April 9, 2025 at 5:03 PM
State Farm is seeking a 17% insurance rate hike in California, sparking legal controversy. Join my livestream as I discuss the Oakland hearing with State Farm, Consumer Watchdog, and the Department of Insurance. http://dlvr.it/TK2mZD #StateFarm #CaliforniaInsurance #InsuranceHour
State Farm vs. Consumer Watchdog: Inside California’s Explosive Insurance Rate Battle
<__slot-el _="@=2335,x=209,y=612,w=94,h=36,co=15;15;15;1.0"> <__slot-el _="@=2351,x=209,y=648,w=0,h=0,co=15;15;15;1.0"> State Farm is asking for an emergency 17% insurance rate hike in California—and it’s ignited a legal firestorm. In this livestream, I break down everything you need to know about the Oakland hearing featuring State Farm, Consumer Watchdog, and the California Department of Insurance. ...more
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April 9, 2025 at 2:15 AM
Prior to the recent wildfires, State Farm reduced its policies in the Palisades by 70%, prompting homeowners to consider other insurance providers. Moving forward, new regulations will allow insurance companies to restructure and modify policies according to risk levels. #InsuranceHour #Wildfires
April 8, 2025 at 5:03 PM
Curious about your insurance payout after a claim? It can differ based on your provider and situation. Total losses depend on your policy limits, and companies may need detailed damage lists. Be patient and ensure you provide the necessary info to get what's covered! #Insurance #InsuranceHour
April 7, 2025 at 5:03 PM
If you've lost your home or business in the wildfires, remember to breathe. Your safety is the priority. Insurance should cover your losses—file your claim asap, even if details are uncertain. Start now to ensure you get the help you need. #WildfireRelief #InsuranceClaims #InsuranceHour #SafetyFirst
April 6, 2025 at 6:03 PM
Join expert Karl Susman to discuss recent fires in Malibu and their impact on insurance. Prepare with an emergency go-bag and consult your insurance provider to ensure you're covered! #MalibuFires #InsuranceHour #HomeInsurance #WildfireSafety
April 5, 2025 at 10:03 PM
In wildfire-prone areas? Your safety is a priority! Keep a go bag ready for quick evacuations. Many insurers provide reimbursement for essentials during mandatory evacuations. Remember, policies may freeze during active wildfires—keep copies of your insurance handy! #InsuranceHour #InsuranceTips
April 4, 2025 at 5:03 PM
What changes are necessary for insurance to be effective for all? We need clear guidelines to safeguard policyholders in the face of rising catastrophic events, such as wildfires. The insurance industry faces challenges with insuring high-risk individuals, making federal intervention crucial.
April 3, 2025 at 6:03 PM
Karl Susman answers: Should insurance be state-regulated or federally managed? The California FAIR Plan is actually not state-funded; it's run by private insurers. Claims are paid using policy premiums, reinsurance, & contributions from participating insurance companies, not tax dollars! #Insurance
April 2, 2025 at 10:03 PM
In a recent interview, Karl Susman discussed insurance cancellations, noting that non-renewal notice periods are typically around 60 days. He also highlighted protective measures for wildfire-affected areas, allowing residents to extend their policies by 12 months. #InsuranceHour #InsuranceTips
April 1, 2025 at 7:33 PM