Largest insurance company in California no longer writing new home policies due to high risk of catastrophic events

(NaturalNews)

(Natural News) State Farm, the largest home insurance company in the United States, has announced that it will no longer accept new home insurance policy applications in California, claiming that the risk of wildfires and the cost of rebuilding was too high.Effective May 27, State Farm General Insurance Company no longer accepts new … [Read More...]