Another Insurance Company Leaving California

Finding insurance in California, especially for fires, may prove increasingly difficult as many large providers have reduced or pulled their coverage. Farmers Direct Property and Casualty Insurance is one of the latest, after surrendering its certificate of authority Sept. 15 in California, which means the primarily home and auto insurance provider no longer offers policies to Californians. A spokesperson for the company told The Epoch Times its decision was due to an initiative by its parent company, Farmers Insurance, to “increase operation efficiency and mitigate risk exposure,” among other issues. According to the spokesperson, the discontinuation won’t affect policies issued by other entities under Farmers, such as Bristol West and 21st Century....