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CA To See Two More Insurers Stop Homeowner Coverage



YouTube, @KTLA 5.

There’s no end in sight to California’s insurance crisis. 

Two more companies are leaving nearly 13-thousand people without coverage.  Tokio Marine America Insurance and Trans Pacific Insurance say they will send out non-renewal notices starting July 1st.  Both plan to withdraw from the homeowners and personal insurance markets in the state, but didn’t reveal why. 

Most other companies have cited the risk of wildfires.