Two additional insurance companies are pulling out of California. Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., will not renew their customers’ home insurance policies ...

California regulators should meet with insurance companies and make regulatory changes that will encourage coverage and competition. NO: Insurers have and will continue to leave California ...

State Farm is one of the insurers under pressure for backing out of the California home insurance market. Even though the ...

Moreover, regulation in the State of California can make it difficult ... also playing a major role in the decision of several insurance companies to leave the State or to stop accepting new ...

“And they wonder why people leave California,” she added. Levin-Guzman and her parents’ experience is increasingly common. Between 2020 and 2022, insurance companies declined to renew 2.8 ...

The deadly wildfires that have devastated the greater Los Angeles region in Southern California over the last week are estimated to be the costliest in the state's history, which will leave ...

Brad Sherman (D-CA) that people who think like him made it impossible for insurance companies to operate in California. REP. BRAD SHERMAN (D-CA): Mr. President, without your help, they're only ...

As insurance companies stop covering high-risk properties, or they leave markets altogether ... What we've seen over the last several years here in California, but also around the country ...

NO: Major insurance companies like State Farm and Allstate ... Jamie Moraga, Franklin Revere NO: Insurers have and will continue to leave California, citing profitability issues and high-risk ...