Insurance companies abandoning California at a faster rate, as wildfires wreak havoc
Facing major losses after the 2018 Camp Fire, insurance companies dropped Californians in wildfire-prone Sierra foothills communities at an accelerating rate last year. Carriers sent non-renewal notices to 42,088 homeowners in the foothill counties in 2019, compared to 23,925 the year before, Deputy Insurance Commissioner Bryant Henley announced Monday. Almost every one of these homeowners…