Jane Kim and California's Insurance "Hostage Situation"

Jane Kim just finished first in the race to become California's next insurance commissioner. She's a former San Francisco supervisor and worked for Bernie Sanders. And where Allen wants to draw private capital back into the market, Kim wants to build a public one: a nonprofit disaster insurer, funded by premiums the state would claw back and reinvest, plus a single catastrophe model built by California itself.So this is the same problem — an unaffordable, retreating wildfire market — seen through two completely different lenses. Allen's answer is a better-run private system. Kim's answer is a public alternative to it.