Wildfire's Garbage-In Problem With Brian Bastian

Wildfire's Garbage-In Problem With Brian Bastian

From Risky Science Podcast by Risk Market News

May 20, 2026 · 25 min · Episode 42

About this episode

The episode discusses the challenges in California's homeowners insurance market and the mispricing problem in risk assessment.

California’s homeowners insurance market, backed by privae capital, is still in retreat. The publicly-backed FAIR Plan is financial buckling. And somewhere in the gap between what the cat models capture and what's actually happening on the ground at the property level, there's a mispricing problem that nobody has fully solved yet. In this episode of The Risky Science Podcast that wraps up my series of conversations from ClimateTech Connect in Washington this past April, I talk with Brian Bastian, Head of Product at Green Shield Risk Solutions — the analytics and MGA operation that's betting mitigation-first underwriting is the answer the admitted market can't quite get to yet. Subscribe to Risk Market News

People in this episode

Host: Risk Market News

Guest: Brian Bastian

Topics covered

  • homeowners insurance
  • California
  • risk management
  • climate change
  • underwriting
  • analytics

Keywords

  • homeowners insurance
  • California
  • FAIR Plan
  • risk management
  • Green Shield Risk Solutions
  • underwriting
  • climate change

Mentioned in this episode

Organizations: Green Shield Risk Solutions, FAIR Plan

Places: California

More episodes of Risky Science Podcast

Explore listener stats, chart rankings, contacts and more on the Risky Science Podcast podcast page.