Podcast: American Agents Alliance — California Insurance Commissioner Candidate Stacy Korsgaden | Insurance Crisis, Prop 103 & Reform Plan
Video Link: https://vimeo.com/1187153669?share=copy&fl=sv&fe=ci
Apple Podcasts: https://podcasts.apple.com/us/podcast/california-insurance-commissioner-candidate-stacy-korsgaden/id1728390606?i=1000763945083
Spotify: https://open.spotify.com/episode/3pIhumA6EPIw4xK7OHCbV8?si=2ca289862f2c403e
LyteSpeed Learning and the American Agents Alliance continue this exclusive series introducing the candidates for California Insurance Commissioner. In this episode, we sit down with Stacy Korsgaden, a longtime Farmers Insurance agent, to discuss the current state of California’s insurance market and why she’s running. Korsgaden shares her perspective on the insurance crisis, including carrier market exits, the growth of surplus lines, and increasing wildfire risk. She also discusses how her industry experience shapes her approach to regulation and consumer protection.
We cover key issues impacting California today:
Proposition 103 and its role in the market
The rise of surplus lines insurance
California’s FAIR Plan challenges
Wildfire mitigation and risk management strategies
The balance between regulation and market stability
Korsgaden also outlines her proposed priorities:
Faster rate approval timelines
Creating a new division to attract admitted carriers
Depopulating the FAIR Plan
Strengthening wildfire mitigation through coordination at all levels
Addressing fraud and exploring tort reform
Expanding licensing and education to better serve consumers
🔗 Learn more about her campaign: https://stacyforinsurancecommissioner.com
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American Agents Alliance, a national association of independent property and casualty insurance agents that has represented its members in Sacramento, before the California Department of Insurance, and in the courts since 1962. 2026 Candidate Conversation Series for the office of California Insurance Commissioner.
Each candidate in the June 2 primary is being invited to a dedicated, one-hour video podcast conversation, hosted by Samantha Tradelius and our Association Chairman and agency owner Daniel Groff. The format gives each candidate the full hour to lay out their platform, explain where they stand on the issues most consequential to California policyholders, and respond to questions submitted in advance by our member agents.
Our members serve millions of California consumers across every line of property and casualty coverage. Those consumers regularly turn to their agents for trusted guidance as they consider how to vote in down-ballot races ,and few offices will matter more to Californians in the next four years than the one you are seeking. This series is designed to help agents give their clients informed, firsthand perspective on each candidate.