California sees two more property insurers exit from market

The two companies disclosed their plans in filings submitted to the California Department of Insurance. They said the decision will affect 12,556 policies with premiums of $11.3 million.

By: The Mercury News

Apr 20 2024
34
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California sees two more property insurers exit from market — California sees two more prope

By Nadia Lopez | Bloomberg 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 enti... [2493 chars]

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