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10 Thursday AM Reads

My morning reads: • Investors look to shelter portfolios from rising AI concentration risks: Fund managers see hedge funds and emerging markets assets as bulwarks against sudden shift in sentiment on…

California’s Insurance Crisis Needs a New Foundation | Opinion

Let's stop pretending that every insurance problem begins with an insurer being greedy, argues Elizabeth Hammack.

  • California's insurance market needs overhaul to match resident risks
  • FAIR Plan holds 696,562 homeowner/commercial policies as of June 2026
  • Proposition 103, enacted in 1988, aims to protect consumers from high rates

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