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  2. California’s insurance is in crisis. The solution will cost ...

    www.aol.com/finance/california-insurance-crisis...

    Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in the state, according to the most recent data from the California Department of Insurance.

  3. California homeowners could face property insurance hikes ...

    www.aol.com/california-homeowners-could-face...

    At the same time, rising property insurance costs are pushing homeowners to other states, which S&P warned could cut into state tax revenue and cause downgrades to government credit.

  4. Citizens Property Insurance Corporation - Wikipedia

    en.wikipedia.org/wiki/Citizens_Property...

    [4] [8] Through 2006, Citizens Insurance charged its customers the highest rate approved by the Florida Office of Insurance Regulation to avoid competing with private carriers. Insurance agents were prohibited from writing policies through Citizens if there was a private (not surplus lines) carrier that would write the risk.

  5. How the wildfires in Los Angeles area could affect California ...

    www.aol.com/wildfires-los-angeles-area-could...

    The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped ...

  6. California homeowners insurance market tested as fires rage

    www.aol.com/finance/california-homeowners...

    Currently, California homeowners in high-risk areas have few insurance options. Many have turned to the California FAIR plan, a private program established by the state and designed to be a fire ...

  7. 1988 California Proposition 103 - Wikipedia

    en.wikipedia.org/wiki/1988_California...

    Proposition 103, titled Insurance Rate Reduction and Reform Act, was a California ballot proposition voted on in the 1988 California General Election. It passed with 51% of the vote on November 8, 1988. [1] Proposition 103 expanded the regulatory capacities of the California Department of Insurance, especially in property and casualty insurance.

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