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Dave Jones

@cadavejones.bsky.social

Former financial regulator (CA Insurance Commissioner), current Director, UC Berkeley Center for Law, Energy & Environment, Climate Risk Initiative. Posts are my own opinion.

504 Followers  |  461 Following  |  27 Posts  |  Joined: 11.01.2025  |  1.7659

Latest posts by cadavejones.bsky.social on Bluesky

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Sun Day Festival An afternoon of food, entertainment, speakers and activities focused on the power of the sun and sustainable energy.   SunDay is a global day of action on September 21st, 2025, celebrating the u...

Join me at this #SunDay action in new York City! actionnetwork.org/events/sun-d...

21.09.2025 13:09 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
HCAW - The Salata Institute

Excited to be speaking at the Harvard Climate Symposium at The Salata Institute for Climate and Sustainability at Harvard University today!

salatainstitute.harvard.edu/hcaw/

19.09.2025 13:13 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Terrific report on terrible anti-consumer impact from another gem from Florida's deregulation of its insurance market. @publiccitizen.bsky.social

16.09.2025 15:58 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

A good news story from Colorado, courtesy of
@jordanhaedtler.bsky.social β€” Colorado became the first state to require insurance companies to include climate risk in insurance modeling!

14.09.2025 14:42 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

"Let's make sure when we do these huge, amazing zoning reforms ... that we're not zoning for new housing in these risk zones," says Heather Clark

It's time to do disaster-informed zoning!

14.09.2025 14:37 β€” πŸ‘ 3    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

"It turns out YIMBY is a climate policy ... compact development contributes substantially to reducing emissions." - @cadavejones.bsky.social πŸ‘πŸ‘πŸ‘

14.09.2025 14:33 β€” πŸ‘ 5    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

"We are not doing anyone a favor by putting them in harm's way," Heather Clark says.

We need to ensure that the housing we advocate for is resilient and safe.

14.09.2025 14:16 β€” πŸ‘ 7    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0

There's $13 trillion worth of housing that'll face risks due to climate change β€” that's a lot of money, @mateosfo.bsky.social points out.

We're steadily marching to an "uninsurable future," @cadavejones.bsky.social says.

14.09.2025 14:11 β€” πŸ‘ 6    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0
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We're starting our first plenary of #YIMBYtown2025! Follow along for a deep dive on climate risk, housing, and insurance, feat. @mateosfo.bsky.social @cadavejones.bsky.social @katenrg.bsky.social @jordanhaedtler.bsky.social and Heather Clark!

14.09.2025 14:07 β€” πŸ‘ 9    πŸ” 3    πŸ’¬ 1    πŸ“Œ 3
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China’s Snub of U.S. Soybeans Is a Crisis for American Farmers

North Dakota farmers can thank President Trump and his tariffs for their inability to sell their soybeans. "China’s Snub of U.S. Soybeans Is a Crisis for American Farmers." www.nytimes.com/2025/09/15/b...

15.09.2025 13:10 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

If you don’t want to be called a Nazi, stop acting like one.

13.09.2025 18:51 β€” πŸ‘ 1357    πŸ” 237    πŸ’¬ 52    πŸ“Œ 11
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RFK Jr. is living in a pretend anti-vax world Unfortunately, he is wreaking havoc in the real one.

In a marathon hearing on Thursday before the Senate Finance Committee, RFK Jr. faced a barrage of questions from senators who were outraged by his recent actions.

In some cases, Kennedy appeared to promote flat-out lies.

04.09.2025 20:44 β€” πŸ‘ 20624    πŸ” 5460    πŸ’¬ 1740    πŸ“Œ 424
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Vehicle flood damage and household disaster assistance in the United States Vehicles are the most commonly-owned nonfinancial asset in the United States (US) and represent a relatively high share of net worth for low-wealth households. Despite rising flood exposure from urba...

After a recent storm, perhaps you've seen a photo of a car underwater and wondered what happens to the car and the owner? In a new paper titled "Vehicle flood damage and household disaster assistance in the US," I take a look into this issue. onlinelibrary.wiley.com/doi/10.1111/... 🧡(1/6)

14.04.2025 16:05 β€” πŸ‘ 8    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0
Climate spillover effects for reinsurance should concern regulators, say experts As climate change becomes more politicised, reinsurance firms are making fewer public commitments, but that doesn’t mean they aren’t aware of the risks.

πŸ‡ΊπŸ‡Έ In the US, reinsurance experts warn that climate-linked insurance failures could trigger broader financial instability.

@cadavejones.bsky.social‬ calls it β€œan uninsurable future”, meanwhile Munich Re reports US$6.9tn in global weather losses over 40 years.

05.09.2025 14:03 β€” πŸ‘ 2    πŸ” 1    πŸ’¬ 1    πŸ“Œ 0
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Opinion | We Study Fascism, and We’re Leaving the U.S.

If you have yet to figure out that President Trump & his allies are destroying our democracy & imposing an authoritarian regime, or if you have & want a deeper historical understanding, watch this video from historians of fascist & other authoritarian regimes.
www.nytimes.com/2025/05/14/o...

31.08.2025 16:50 β€” πŸ‘ 2    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0
Climate spillover effects for reinsurance should concern regulators, say experts As climate change becomes more politicised, reinsurance firms are making fewer public commitments, but that doesn’t mean they aren’t aware of the risks.

🌍 Extreme weather is driving up insurance lossesβ€” US$6.9tn over the last 40 years, with 90% of US losses in 2024 from climate-related events.

β€œWe’re marching towards an uninsurable future, not only in the US but globally,” says β€ͺ@cadavejones.bsky.social‬ 

27.08.2025 13:02 β€” πŸ‘ 3    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0
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Contributor: Why California universities must fight Trump in court If the prestigious UC schools give in, what’s to stop the president from shaking down every college in the country?

University of California should not settle with Trump. Our democracy is at stake as Trump attacks the courts, lawyers, the media, the civil service, science, and universities. UC should sue, not settle.
www.latimes.com/opinion/stor...

30.08.2025 16:31 β€” πŸ‘ 100    πŸ” 17    πŸ’¬ 1    πŸ“Œ 2
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πŸ™Œ CA’s former Insurance Commissioner @cadavejones.bsky.social, says Big Oil should help pay for the home insurance crisis. Arguing fossil fuel giants, who are responsible, should share the cost of climate-driven insurance losses.

We couldn’t agree more.

Full interview: www.msn.com/en-us/money/...

05.08.2025 12:10 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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Climate spillover effects for reinsurance should concern regulators, say experts As climate change becomes more politicised, reinsurance firms are making fewer public commitments, but that doesn’t mean they aren’t aware of the risks.

🌍 Extreme weather is driving up insurance lossesβ€” US$6.9tn over the last 40 years, with 90% of US losses in 2024 from climate-related events.

β€œWe’re marching towards an uninsurable future, not only in the US but globally,” says β€ͺ@cadavejones.bsky.social‬ 

21.08.2025 15:01 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
Climate spillover effects for reinsurance should concern regulators, say experts As climate change becomes more politicised, reinsurance firms are making fewer public commitments, but that doesn’t mean they aren’t aware of the risks.

🌍 Extreme weather is driving up insurance losses β€” US$6.9tn over the last 40 years, with 90% of US losses in 2024 from climate-related events.

β€œWe’re marching towards an uninsurable future, not only in the US but globally,” says β€ͺ@cadavejones.bsky.social‬ 

26.08.2025 08:03 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
Scorching Premiums: Climate Costs Hit Insurance Markets What should home buyers do to evaluate climate risks and insurance availability during their search? And how can governments help insurers weather the increasing frequency of climate-induced disasters...

Tune in to our conversation with @ucs.org Rachel Cleetus, LA-based real estate agent Claire O'Connor, and former CA Insurance Commissioner @cadavejones.bsky.social here or wherever you get your pods: listen.climateone.org/kWpW6hfQ?sid...

01.08.2025 16:36 β€” πŸ‘ 4    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0
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While politicians in Washington continue to debate the severity of climate change, one industry has already made up its mind. In states like Florida and California, the homeowner's insurance is already in crisis, and things are only going to get worse. Can anything be done to fix insurance?

01.08.2025 16:36 β€” πŸ‘ 10    πŸ” 8    πŸ’¬ 1    πŸ“Œ 2
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We Need the Federal Government to Protect Us from Climate Chaos | Revolving Door Project The deadly Texas floods will not be the last manifestation of extreme weather turbocharged by fossil fuel pollution. In an era of escalating climate threats, we need a stronger public sector with more...

NEW: We Need the Federal Government to Protect Us from Climate Chaos

The Trump administration is simultaneously exacerbating climate change and eroding society’s ability to understand, prepare for, and respond to it.

This is precisely the opposite of what should be happening right now. 🧡

07.07.2025 20:07 β€” πŸ‘ 41    πŸ” 19    πŸ’¬ 2    πŸ“Œ 0
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NEW: You may have heard that the Pentagon will soon stop processing & delivering data essential to hurricane forecasts.

It's part of a dangerous pattern. RDP is tracking how the Trump admin's callous policy choices, before & after bouts of extreme weather, exacerbate avoidable suffering/death.πŸ§΅β¬‡οΈ

02.07.2025 14:43 β€” πŸ‘ 23    πŸ” 21    πŸ’¬ 1    πŸ“Œ 1

The climate-driven insurance crisis sounds bad.
@cadavejones.bsky.social
β€œThe trend is all bad,” Jones said. β€œWe’re just going to see more and more extreme and severe weather related events killing more people, damaging more property and causing insurers more and more losses.” NYT Climate Forward

19.05.2025 20:51 β€” πŸ‘ 1    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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How homeowners are saving on insurance by upgrading their houses against disasters Home insurance is getting pricier as hurricanes and wildfires get worse. States are trying new incentives, encouraging homeowners to retrofit homes against disasters to get an insurance discount.

"The discount is nice and it's a positive development, but it doesn't matter if they won't write you the insurance," says @cadavejones.bsky.social, former insurance commissioner of California and now director of the Climate Risk Initiative at UC Berkeley Law. www.npr.org/2025/06/11/n... @npr.org

11.06.2025 18:50 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0
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How the next financial crisis starts The climate shocks that could trigger wider market turmoil

β€œOver time you’ll see even more insurance company insolvencies ... and falls in asset values ... as opposed to a single catastrophic event.” - Dave Jones @cadavejones.bsky.social, director of the Climate Risk Initiative at @cleeberkeley.bsky.social: www.ft.com/content/9e5d... via @financialtimes.com

30.06.2025 20:08 β€” πŸ‘ 2    πŸ” 4    πŸ’¬ 0    πŸ“Œ 0
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California’s former insurance commissioner wants oil and gas companies to pay for the home insurance crisis As destructive wildfires have ravaged California over the past decade, the insurance industry has dropped hundreds of thousands of homeowners statewide, raised their premiums, and, in some cases, stop...

Why are everyday Americans being forced to pay more for home insurance & rent to account for the damages of climate change, while the companies fueling the crisis pay nothing?

Meet a former insurance commissioner trying to change that. @cadavejones.bsky.social insurancenewsnet.com/oarticle/cal...

03.07.2025 13:40 β€” πŸ‘ 6    πŸ” 3    πŸ’¬ 0    πŸ“Œ 0
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California’s former insurance commissioner wants oil and gas companies to pay for the home insurance crisis As destructive wildfires have ravaged California over the past decade, the insurance industry has dropped hundreds of thousands of homeowners statewide, raised their premiums, and, in some cases, stop...

Insurers "can and should bring lawsuits to recover money associated with the oil and gas companies’ contributions to climate change,” says former California insurance commissioner @cadavejones.bsky.social.

03.07.2025 18:37 β€” πŸ‘ 5    πŸ” 2    πŸ’¬ 0    πŸ“Œ 0
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EU Regulators Propose Integrating ESG Risks into Stress Tests for Banks, Insurers - ESG Today Europe’s three primary financial regulatory agencies, the European Supervisory Authorities (ESAs) announced the publication of new draft Joint Guidelines on ESG stress testing, setting out how banking...

EU regulators, including the EU insurance regulator @eiopa.europa.eu, propose intergrating ESG risks into #stresstests for banks and insurers. With an initial focus on #climaterisks -- physical and transition risks. US insurance regulators should do so as well.

esgtoday.com/eu-regulator...

06.07.2025 17:50 β€” πŸ‘ 1    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

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