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California

13 hours ago

Concerns grow as insurance companies shy away from California properties

23ABC News
23ABC News
Two major insurance companies, Allstate and State Farm, have decided to stop issuing property insurance policies for new customers in California. The move comes after a rise in construction due to inflation and the heightened risk of wildfires, among other reasons. 23ABC's Breanna Polk spoke to a local insurance expert to learn more.
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