California Sees Two More Property Insurers Withdraw From Market

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California Sees Two More Property Insurers Withdraw From Market
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California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the wildfire-prone state entirely starting in July.

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State Farm discontinuing 72,000 home insurance policies in California in latest blow to state marketState Farm discontinuing 72,000 home insurance policies in California in latest blow to state marketSACRAMENTO, Calif. (AP) — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said ...
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