In March, State Farm General Insurance announced its intention to non-renew an estimated 72,000 policies – 30,000 property insurance and 42,000 commercial apartment policies – in California in order to ensure their long-term stability in the state. Homeowners policyholders who will be affected by the nonrenewals will start being informed on July 3, and commercial apartment policyholders will be notified beginning August 20.
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