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‘Crisis’ Declared in California as State Farm Announces 72,000 Policies to Be Cut

From aesthetic beauty to abundant resources, California boasts every natural advantage. Nothing but liberalism could have wrought its destruction.

On Wednesday, State Farm General Insurance Co. announced in a news release that it will not renew insurance policies for approximately 72,000 property owners in the Golden State, prompting California’s insurance commissioner, Ricardo Lara, to sound the alarm.

“This is a real crisis,” Lara told KABC-TV in Los Angeles.

Indeed, the loss of coverage will hit property owners this summer, the company’s news release said.

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2 thoughts on “‘Crisis’ Declared in California as State Farm Announces 72,000 Policies to Be Cut”

  1. State Farm raises their rates every year for no reason! We both have perfect driving records and never had a claim, but our car and house insurance goes up every year! Why bundle? Doesn’t do much good. Gonna check around with some other companiesl

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