California Exodus

The California homeowners insurance crisis continues to deepen. A couple of more insurance companies — AmGuard and Falls Lake Insurance — have joined State Farm, Farmers and Allstate and are leaving California’s homeowners market. Those exits — and what seems like a non-response from California Insurance Commissioner Ricardo Lara and his department — have worried …

More Companies Exit California’s Homeowners Market — Some State Senators have had Enough Read More »

State Farm, Farmers and Allstate and other insurers have completely stopped writing homeowners insurance policies or they’re pulling back. Or both. A big part of the why has to do with wildfires. Insurers just can’t afford the risk in some areas. The rest of the story has to do with politicians past and present pushing …

California’s Growing Insurance Crisis — Homeowners & Auto Read More »