California Insurance Crisis: Rising Premiums Threaten Homeowners and Businesses
California’s once-vibrant insurance industry has been teetering on the brink of collapse, leaving millions of homeowners struggling to secure adequate coverage or facing skyrocketing premiums. An unprecedented confluence of factors, including catastrophic wildfires, rampant litigation, and a shrinking pool of insurers, has plunged the state into an insurance crisis that threatens its economic stability and … Read more