California Insurance Crisis Goes Beyond Wildfire Risk: Experts

California Insurance Crisis Goes Beyond Wildfire Risk: Experts
A pedestrian walks by an Allstate Insurance office in San Francisco on June 9, 2023. Justin Sullivan/Getty Images
Travis Gillmore
Updated:
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Property owners across the state of California have seen their policies dropped by insurance companies because of fire danger, but experts say the state’s regulations are more impactful than the risk posed by natural disasters.

After State Farm and Allstate both declared in May that they'll no longer accept new homeowners’ policies in California, many property owners and renters were left wondering what options they have.

Travis Gillmore
Travis Gillmore
Author
Travis Gillmore is an avid reader and journalism connoisseur based in Washington, D.C. covering the White House, politics, and breaking news for The Epoch Times. Contact him at [email protected]
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