| California got another shock this week when State Farm, its largest insurer, told regulators that writing new policies “doesn't make sense at this time," reports realtor.com (3/13/25, Dugan). Officials and homeowners are increasingly worried about the cost and availability of coverage after historic L.A. fires. An analysis concludes 20 to 30 percent of California homes are at high risk for wildfire, reports Fortune (3/10/25, Hoffman). More U.S. homeowners are switching to high deductibles to offset rising premiums, reports MarketWatch (3/11/25, Swaminathan).
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