This news comes just months after State Farm, Allstate and Farmers Insurance announced they would stop writing new home policies in the state. Additionally, Liberty Mutual recently pulled its business owner policy (BOP) line from the state starting this fall. Credit: Shutterstock.com
California's home insurance market is set to suffer another blow as Berkshire Hathaway's AmGUARD and Falls Lake Fire & Casualty Co. plan to withdraw from the state, according to filings with the state's insurance department.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
