State Farm will stop insuring new homes in California, citing wildfires and rising inflation costs of building.

State Farm will stop insuring new homes in California,
citing wildfires and rising inflation costs of building.
SF will continue insuring current Cali policy holders and continue insuring Cali drivers. #Inflation #insurance #California #realestate https://t.co/HjevodmhBx pic.twitter.com/DmnPHQEgfh

— Beverly A. Pekala (@PekalaLaw) May 27, 2023