"California Insurers Non-Renew Thousands of Home Insurance Policies, Prompting Statewide Changes"

State Farm is canceling 72,000 policies in California, including 30,000 homes, due to high risk and financial concerns, impacting upscale neighborhoods in Los Angeles County. The decision follows record-breaking wildfire seasons and industry losses. The company cites the need to reduce exposure and financial strength. The cancellation affects various SoCal zip codes, prompting concerns about insurance options and coverage for homeowners in high-risk areas.