California non-renewals down 10% but wildfire-prone areas most challenging

23-12-2021

California non-renewals down 10% but wildfire-prone areas most challenging

Non-renewals of California homeowner policies fell by 10% state-wide in 2020 compared with the year prior, chiefly as moratoriums instituted by state authorities pushed business into an insurer of last resort mechanism, the California Department of Insurance said in a report.


California Department of Insurance, Report, Renewals, Wildfires, Insurance, Reinsurance, Ricardo Lara, Amy Bach, North America

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