Business & Tech
Amid Insurance Exodus In California, 5 Insurance Companies Commit To Stay In State
In recent years, insurers cited wildfire risks, rising costs, and state regulations as reasons for stopping coverage in California.
September 25, 2025
After a year marked by insurance companies pulling out of California, state officials say five major insurers are committing to the state.
Find out what's happening in Across Californiafor free with the latest updates from Patch.
The California Department of Insurance confirmed to CBS Sacramento that Mercury Insurance, CSAA, USAA, Pacific Specialty, and California Casualty all announced plans to "stay and grow in the state." Together, they represent three of California's top seven largest homeowners' insurance providers.
In recent years, insurers cited wildfire risks, rising costs, and state regulations as reasons for limiting or stopping coverage in California.
Find out what's happening in Across Californiafor free with the latest updates from Patch.
Click here for the full story via CBS Los Angeles
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