
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
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