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From: David LaRue <huey.dll@tampabay.rr.com>
Newsgroups: talk.politics.misc,alt.politics.usa,alt.economics,alt.insurance,alt.elections
Subject: Re: And NOT Like a Good Neighbor, State Farm is NOT There in Cal
Followup-To: talk.politics.misc
Date: Sat, 23 Mar 2024 20:02:47 -0000 (UTC)
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"68hx.1805" <68hx.1804@g5t7x.net> wrote in
news:WyadnW6BT55ZEmP4nZ2dnZfqn_idnZ2d@earthlink.com: 

> https://www.dailymail.co.uk/news/article-13227935/State-Farm-NOT-Californ
> ias-largest-insurer-discontinue-coverage-72-000-homes-state-inflation-ris
> k-CATASTROPHES-like-wildfires-floods.html 
> 
> State Farm is NOT there: California's largest insurer will
> discontinue coverage of 72,000 homes in the state over
> inflation and risk of CATASTROPHES like wildfires and floods
> 
> California 's largest insurance company will stop offering
> insurance to 72,000 homes across the state due to the increased
> risk of natural disasters
> 
> . . .
<snip>

IMHO, this is the right decision for insurers.  California has been very lax 
in controlling their land to make preventing fires and other natural issues 
easier to stop before they cause damage to insured property.  Such disasters 
are easily prevented in many other states.  California should do more to 
control their natural areas.