Insurers drop fire coverage for California residents
Channel: Earth One
Date: 2019-11-11

Insurance has become a serious problem in California as wildfires -- past and present -- wreak havoc on the state.

After last year’s devastating wildfires, insurance companies are balking at fire coverage policy renewals for more than 350,000 residents in high-risk areas.
"We are seeing an increasing trend across California where people at risk of wildfires are being non-renewed by their insurer," state Insurance Commissioner Ricardo Lara said in a statement.