I think the problem is that the Insurance Comissioner, et.al., won’t let the companies raise rates.
So with repairs and replacements being inflated, the insurance companies are losing, based on previous rates.
So companies are leaving, rather than go more negative with payouts more than premiums.
THIS ALL STARTED WITH THE UNCONTROLLABLE FOREST FIRES & THE TOTAL MIS-MANAGEMENT OF THE FORESTLAND.
I TOLD US FOREST GREEN BEANIES 20 YEARS AGO THAT THERE WERE SEVERE BARK BEETLE INFESTATIONS IN THE SIERRA NEVADA-—WHERE I USED TO RIDE HORSES.
THEY REFUSED TO LISTEN