Reason

California Won't Let Homeowners Insurance Companies Raise Rates, so They're Leaving the State Instead

By Steven Greenhut Mar 29, 2024, 7:30 am51 pts
Reading insurance trade magazines isn't everyone's idea of a great time, but every Californian should pay attention to the latest news in that arcane world. "State Farm to pull out of 72,000 California insurance policies," blared a Reinsurance News headline. State Farm provides nearly 21 percent of…

Continue reading California Won't Let Homeowners Insurance Companies Raise Rates, so They're Leaving the State Instead at Reason

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