
New York PostSig. 7NewsEconomyHousingClimate
California insurance crisis hits shocking new low as even more homeowners denied protection
California homeowners in areas not traditionally considered high wildfire risk are increasingly being denied conventional insurance, forcing them into the FAIR Plan or surplus-lines policies with high deductibles. The article attributes the trend to insurer retreats amid wildfire losses, construction costs, reinsurance costs, and state reforms, citing homeowner examples and market data.










