California’s new insurance chief has big plans. State Farm is in the crosshairs.

California’s insurance system has been reeling as private insurers exit the state and the owners of almost 700,000 properties are forced to rely on the insurer of last resort for fire coverage.

Nov 11, 2026 - 19:00
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California’s new insurance chief has big plans. State Farm is in the crosshairs.
California’s insurance system has been reeling as private insurers exit the state and the owners of almost 700,000 properties are forced to rely on the insurer of last resort for fire coverage.

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