This is the question CAI-CLAC’s Insurance Task Force has been hearing a lot: has something recently changed in the California insurance market? There are rumors that the Governor signed an Executive Order and the Department of Insurance is promising to take some additional steps, so what exactly IS the change? I think the challenge comes in the question itself. We aren’t talking about “change” in the insurance market so much as a refocus of energy and resources that may help to move us out of the current insurance crisis.
On Friday, October 20, 2023, CAI-CLAC held its Annual Planning Meeting (APM) in Orange County. Of the more than fifty attendees, two were participating for the first time. Nicole Kardos comes from the world of Community Management, and Ryan Gesell comes from the world of Insurance. Unlike most attendees, we are not attorneys and can often provide a unique and often more relatable perspective for those living in and working with California community associations.
Below is an interview recapping our experiences participating in the 2024 CAI-CLAC APM.