Insurers Are Fleeing Wildfire-Prone California. The State Has a Fix.

Contributing sentiments towards policy:

64% : As private options continue to dry up, scores of homeowners have been forced to purchase policies from the California FAIR Plan, the state's last-resort insurance for high-risk properties.
57% : Over the past year, many have either stopped renewing policies or cut off new business in the state.
53% : "Newsletter Sign-up"We urgently need to begin enacting reforms to try and repair the insurance market and protect consumer access to coverage," says Denni Ritter, APCIA's department vice president for state government relations.
52% : If a company has a market share of 10% across the state, it would have to write at least 8.5% of policies in wildfire-prone communities.
40% : Still, many insurers have complained that state regulations prevent them from charging enough to justify the risks taken.

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