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Tag: Ca backstop plan

Enrollment Spikes in California’s Home Insurer of Last Resort, Raising Concerns Over Its Sustainability

State Farms seeks major rate hikes in CA

With home insurers scaling back coverage in the state, enrollment is surging in California’s backstop insurance plan — as is the plan’s risk of sustaining losses that it can’t cover.

Published March 18, 2024
Categorized as Show on Homepage Tagged Ca backstop plan, CA home insurance, California insurance crisis, homeowners insurance crisis
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