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Could be the beginning of the end for fire insurance in California (politico.com)
8 points by impish9208 21 days ago | hide | past | favorite | 1 comment



> State Farm dropped nearly 70 percent of its policies in the Pacific Palisades neighborhood last year, according to a state filing — more than any other ZIP code in the state — in a sign it saw the neighborhood as risky. That forced more people onto the FAIR Plan, which was originally created in the 1960s to insure riot-scarred Los Angeles neighborhoods but has since found more demand in rural and suburban fire-prone regions.




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