California Sees Two More Property Insurers Withdraw From Market

  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

Canada Headlines News

Canada Latest News,Canada Headlines

California’s already strained property insurance market is facing a new challenge as two more insurers, Tokio Marine America Insurance Co. and Trans Pacific Insurance Co., plan to withdraw from the wildfire-prone state entirely starting in July.

California Sees Two More Property Insurers Withdraw From MarketBrevan Howard Cuts More than 100 Staff in Cost Cutting MoveThe Supreme Court Just Complicated Employer Diversity InitiativesUS Mortgage Rates Surge to Highest Since November, Hitting 7.

6BThe Daily Chase: Housing remains in the spotlightKenya Defence Forces Chief in Helicopter Crash, Citizen SaysThe Supreme Court Just Complicated Employer Diversity InitiativesPolish Man Arrested for Allegedly Helping With a Plot to Kill ZelenskiyGermany Arrests Alleged Russian Spies Planning Acts of SabotageArnault Says He Hopes Tensions With China on Luxury Quiet DownNigeria’s Economy, Once Africa’s Biggest, Slips to Fourth PlaceTrump to Raise $5 Million in North Carolina in Return to...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 83. in CA

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Lloyd's of London sees multi-billion dollar insurance loss from Baltimore bridge collapseThe collapse of Baltimore's Francis Scott Key Bridge is likely to lead to a multi-billion dollar insurance loss, the chairperson of Lloyd's of London said on...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Yellen Sees Insurance Payouts Helping Fund New Baltimore BridgeTreasury Secretary Janet Yellen said she expects insurers’ payouts to help cover some of the costs of rebuilding the Baltimore bridge that collapsed earlier this week.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

State Farm Cuts 72,000 California Home and Apartment Insurance PoliciesBidenomics and California's regulatory overreach is to blame.
Source: LegInsurrection - 🏆 3. / 95 Read more »

State Farm discontinuing 72,000 home insurance policies in California in latest blow to state marketSACRAMENTO, Calif. (AP) — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said ...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

Google Removes links to California News Sites, Due to Proposed Law entitled “California Journalism Preservation Act”Google also said it is “pausing further investments in the California news ecosystem.”
Source: LegInsurrection - 🏆 3. / 95 Read more »

El-Erian Sees Two Fed Rate Cuts This Year Despite Strong DataMohamed El-Erian still expects Federal Reserve officials to cut interest rates twice this year, even as a blockbuster jobs report pushes traders to rethink the timing.
Source: BNNBloomberg - 🏆 83. / 50 Read more »