Insurance Crisis In California News

"California's Escalating Insurance Crisis: Impact on Homeowners and Habitat for Humanity"

California is facing an insurance crisis as many customers are being dropped by their insurance companies, leading to increased rates and policies being canceled. Homeowners and drivers are finding it difficult to obtain coverage, with some experiencing significant premium increases. Insurance companies are pulling out of the state, making it harder to find policies, and regulators are allowing rate hikes, exacerbating the situation.