Kees van der Leun on Nostr: Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner ...

Between 2020 and 2022, insurance companies declined to renew 2.8 million homeowner policies in California. That includes 531,000 in Los Angeles County, where fires are currently raging.
When the risks become big, insurers pull out. It's business logic.
https://edition.cnn.com/2025/01/09/business/california-wildfires-homeowners-insurance/index.html