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News@lemmy.worldEnglish · 25 days ago

Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire

www.cbsnews.com

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Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire

www.cbsnews.com

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News@lemmy.worldEnglish · 25 days ago

About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

Perhaps the most interesting part of the article:

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lolcatnip@reddthat.com
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25 days ago
What you propose is illegal in California. It seems like a mildly counterproductive law, but I can’t imagine it would make much difference if they were allowed to offer policies nobody can afford anyway.

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