Post #2659 by onepoorguy on the US Policy board

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Allstate is not writing new policies in CA due to climate calamities.

https://www.nytimes.com/2023/06/04/business/allsta...

Allstate, the state's fourth-largest property and casualty insurance provider, has stopped selling new home, condominium or commercial insurance policies in California, the company said in an emailed statement. It is the latest insurance giant to say it will no longer offer coverage, citing worsening climate and higher building costs that have made it harder to do business in the nation's most-populous state.

Apparently State Farm also isn't writing new policies.

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