For years, State Farm has been the largest provider of homeowners insurance in California. But the company recently announced it will no longer sell new homeowners policies in the state, a move it said was driven by the high cost of construction and the growing risks from catastrophes like wildfires. William Brangham discussed what it means for homeowners and businesses with Michael Wara.
Stream your PBS favorites with the PBS app: https://to.pbs.org/2Jb8twG
Find more from PBS NewsHour at https://www.pbs.org/newshour
Subscribe to our YouTube channel: https://bit.ly/2HfsCD6
Follow us:
TikTok: https://www.tiktok.com/@pbsnews
Twitter: https://www.twitter.com/newshour
Instagram: https://www.instagram.com/newshour
Facebook: https://www.pbs.org/newshour
Subscribe:
PBS NewsHour podcasts: https://www.pbs.org/newshour/podcasts
Newsletters: https://www.pbs.org/newshour/subscribe
