2 more insurance companies announce plans to leave California KTLA Los Angeles
News Source : KTLA Los Angeles
News Summary
- Tokio Marine America Insurance Co and Trans Pacific Insurance Co
- said they would both stop offering homeowners and personal umbrella insurance in the Golden State
- The companies provide 12,556 homeowner insurance policies with $11
- 3 million in premiums
- The proposed effective date for these filings will take place on Aug
- 1, 2025
Two more insurance companies have announced plans to withdraw from the insurance market in California.According to filings from the states Department of Insurance, Tokio Marine America Insurance Co [+1461 chars]