Wednesday, May 31, 2023

State Farm Stops Offering Insurance in California

 State Farm Stops Offering Insurance in California - The New York Times (nytimes.com)

Climate Shocks Are Making Parts of America Uninsurable. It Just Got Worse.
The largest insurer in California said it would stop offering new coverage. It’s part of a broader trend of companies pulling back from dangerous areas. 

A firefighter tried to save a home in Meyers, Calif., in 2021. Credit...Max Whittaker for The New York Times