About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

Perhaps the most interesting part of the article:

  • TehWorld@lemmy.worldEnglish
    5·
    1 month ago

    They’re in the business of making money, not fixing problems. It’s easier to just pull out of an unprofitable area than fix the Republican party’s head-in-their-ass ideas about climate change.

    • kent_ehEnglish
      1·
      1 month ago

      And when they run out of places to profitably insure?