
Another Home Insurer Leaving California, Regulators Looking for Answers
Published on January 26, 2024
SACRAMENTO, Calif.—Further contributing to the state’s home insurance availability crisis, The Hartford announced this week that it will no longer be writing home insurance policies in California. “The homeowners’ insurance environment in California has unique challenges that have required us to reconsider the viability of writing new homeowners’ business in the state,” a spokesperson for The Hartford said in an email to The Epoch Times Jan. 25. “Based on these challenges and our analysis of the trends, we have decided to stop offering new homeowners policies starting Feb. 1, 2024.” Existing homeowners can renew their policies and other insurance products covering businesses and autos will still be offered, she said....
