“The property market, both in California and nationwide, is experiencing a mass exodus of standard and admitted carriers. Places like Malibu, Lake Tahoe, and other luxury regions are being abandoned by carriers unwilling to shoulder the risks. We’ve had to pivot significantly. The resulting policies, however, come with steep price tags. For properties in high-risk areas, we often have to layer coverage across multiple carriers. It’s a complex process that leads to premiums most would consider exorbitant.”