Insurance giant State Farm halts sale of new home policies in California due to wildfires – State Farm General Insurance Company made this decision due to historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market – Desdemona Despair

Insurance giant State Farm halts sale of new home policies in California due to wildfires – "State Farm General Insurance Company made this decision due to historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market" – Desdemona Despair
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