Published 13 days ago

2 more insurance companies announce plans to leave California

Two insurers, Tokio Marine America Insurance Co. And Trans Pacific Insurance Co., will withdraw from California in July, impacting 12,556 policies with $11.3 million in premiums.
Both companies, units of Tokio Marine Holdings Inc. From Japan, made this decision revealed in filings submitted to the California Department of Insurance.
A growing number of insurers in California are reducing or discontinuing coverage in response to increasing wildfire and natural disaster risks due to climate change. State Farm and other major insurers are also making changes.

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大纪元 www.epochtimes.com

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The Mercury news

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KTLA 5

2 more insurance companies announce plans to leave California

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14 days ago·Los Angeles, United States

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Fox Business

California loses 2 more property insurers in growing crisis

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13 days ago·United States

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The San Joaquin Valley Sun

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