{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Risky Science Podcast","title":"Risk Doesn't Disappear, It Gets Allocated","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/ee9f97c3\"></iframe>","width":"100%","height":180,"duration":2365,"description":"In this week’s episode we are digging into California's insurance market — and specifically, into the fight over who actually owns wildfire risk. Is it the insurers pulling back from high-risk areas? The utilities whose equipment sparks some of these fires? Or the ratepayers and taxpayers left holding the bag when the bill comes due?To help sort through it, I sat down with California State Senator Ben Allen, who's running for Insurance Commissioner. We got into reinsurance costs, catastrophe models, the FAIR Plan, capital requirements — and where the state's private-market approach diverges from the public alternative his opponent is proposing.","thumbnail_url":"https://img.transistorcdn.com/3X78H4LzkYVdV3_JNhYpCkRuhSbbSSm8qcc9B0n2z2M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS8zYzVh/YmVlMjFlNzE1OGUw/NjVhMTBjMDUwZWVk/YWI1NS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}