Hurricane prone states are having similar issues. Florida, TX and Alabama are experiencing the exact same issues with policy rates and cancelations.
It is too bad when two of the governors from two of the states that are having the issues got together for a debate… missed the opportunity to work together to solve the problem by finding commonality.
There are places within CA where insurance is being canceled because of building density… these are not in or near where it would be considered WUI. This has to do with post earthquake fires.
Not sure it would bring a state down. It will further the housing bubble. The people at PERS are pretty good at what they do.
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