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Gavin Newsom: “Part of the strategy is a requirement to come into…”

Featuring: Gavin Newsom, Democratic | Governor of California

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Bill Clinton and Gavin Newsom on California's Economic Landscape

Published | Video Starts at 10:58

That's the pressure point now as we move from about average to below average in our rates. We're now starting to see those tick up. But the benefit of that now Part of the strategy is a requirement to come into California market and also to ensure in what we refer to as the WUI, which is the wildland-urban interface, and to cover 85% of the WUI in return for those rate increases. That is not something that on the macro is the solution from the US prism or the global perspective, but at the state level is advancing our reforms. (10:58–11:17)

CLAIM

Asserts that insurers must cover 85% of the wildland-urban interface in California in exchange for rate increases.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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