rs, most home insurers were fleeing areas of California with high risk for wildfires. But State Farm was there, dominating the market. Then, just months before the devastating L.A. fires, the company dropped 30,000 homeowners from their books. WSJ’s Jean Eaglesham explains how the risk that State Farm unloaded is now a problem for the rest of California.

Further Reading:

-State Farm Was All In on California – Until it Pulled the Plug Before the Fires

-Insurers’ Rule Change Puts California Homeowners on the Hook for L.A. Fire

Further Listening:

-Their L.A. Neighborhood Burned. Two Residents Find What’s Left.

-Insuring a Home in California Is Getting Harder

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1d:T4a1,In January, communities in Los Angeles were devastated by wildfires, permanently displacing thousands and destroying property and lives. Prior to the fires, thousands of L.A. residents in fire-prone areas were dropped from their insurance, leaving them with no protection or safety net. After losing their homes, their businesses, and their schools, they were left with the harsh reality of picking up the pieces.In this episode, Craig is joined by Hannah Perls, Senior Staff Attorney with the Harvard Environmental & Energy Law Program (EELP), as they take a look at the aftermath of the L.A. fires. Craig and Hannah

State Farm Cut Policies. Then the Fires ...