- California
  location
- USA
  location (geo:U.S., geo:the United States, geo:USA, geo:United States, org:the United States, geo:US, org:U.S., org:US)
- State Farm
  organisation

California Residents Without Fire Insurance Lose Everything

Newsweek

Summary

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Golden State residents who did not get homeowners insurance renewed in the past year and did not manage to find an affordable replacement policy stand to lose everything to the wildfires wreaking havoc through Southern California.
Newsweek
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Los Angeles Fires Become Existential Test for California’s Stopgap Insurer
Bloomberg News
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Allstate and State Farm are among the insurers that have recently stopped selling new home insurance policies in the state, blaming regulatory caps on price rises that made it increasingly challenging to cover losses.
Irish Times
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That growing risk has made insurers wary of covering the state, and led many to pull out of the market altogether.
Axios

■ Story #52 ▪

issue 88:88 ▪

57 items ▪

12 sources ▪

updated 88:88

Posts

References

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www.insurance.ca.gov
Mandatory 1 Yr Moratorium on Non-Renewals
2 links

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