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State Farm to stop offering property insurance in California

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ktla.com/news/local-news/state-farm-to-stop-accepting-new-property-insurance-policies

State Farm General Insurance Company is no longer accepting applications for property insurance including all business and personal lines property in California along with casualty insurance, the company announced on Friday.
The company says this decision, effective May 27, comes in response to “historic increases in construction costs outpacing inflation, rapidly growing…

This story from ktla.com was posted on 2023-05-28 by @beewild.

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