California voters were tasked in the 2026 midterms with deciding who will become the next insurance commissioner, as the state continues to navigate an insurance market strained by rising costs and heightened wildfire risks.
The commissioner leads the California Department of Insurance, which licenses and regulates insurance companies, enforces state laws and responds to consumer complaints. The office plays a central role in determining how the state responds to a host of challenges including wildfire-related losses and rising insurance costs.
The program would be funded through insurance premiums, with the goal of providing universal disaster coverage while directing some of that money toward reducing future risks through wildfire prevention and home-hardening efforts. Kim argues the current system puts too much emphasis on insurance companies' profits rather than preventing losses and protecting policyholders.
Allen, meanwhile, has said he favors reforming California's existing insurance market rather than replacing it. He offered sharp criticism of Kim's proposed disaster insurance overhaul, suggesting that the proposal could cost California billions of dollars.
While the FAIR Plan has experienced significant enrollment growth as private insurers have restricted coverage in wildfire-prone areas, Kim argues her disaster fund proposal would greatly reduce the number of Californians who need to rely on the FAIR Plan.
Allen has offered proposals to reduce the number of people enrolled on the FAIR Plan. He said he would work to convince more insurers to return to California while expanding efforts to make homes and communities more resistant to wildfires. He has also called for faster reviews of insurance rates and policies.
Allen has authored legislation aimed at requiring insurers to provide larger upfront payments for personal property losses and helping homeowners obtain low-interest loans for improvements that reduce wildfire risk.
Both candidates have pledged to reject insurance industry campaign contributions, saying they want to remain independent from the companies they would regulate.
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