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]

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