The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
20hon MSN
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
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Key Takeaways Insurance company shares dropped as the massive wildfires in California are now estimated to have caused $135 ...
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