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Concerns grow as insurance companies shy away from California properties

2023-06-06 3 Dailymotion

Two major insurance companies, Allstate and State Farm, have decided to stop issuing property insurance policies for new customers in California. The move comes after a rise in construction due to inflation and the heightened risk of wildfires, among other reasons. 23ABC's Breanna Polk spoke to a local insurance expert to learn more.