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Insurance companies abandoning California at a faster rate, as wildfires wreak havoc

by Dale Kasler, Sacramento Bee Highlights Deputy Insurance Commissioner Bryant Henley announced that insurance companies have dropped many Californians in the Sierra foothills after the 2017 and 2018 wildfire season resulted in losses of $25 billion for those companies 42,088 homeowners were sent non-renewal in the foothill counties in 2019 and had to purchase replacement … Read more