Discussed earlier: State Farm halts new property insurance policies in California[0] (76 points, 92 comments, 12 hours ago[1]) - the OC Register goes into more detail/history than this CNBC stub.<p>[0]: <a href="https://www.ocregister.com/2023/05/26/state-farm-says-no-new-property-insurance-clients-in-california/" rel="nofollow">https://www.ocregister.com/2023/05/26/state-farm-says-no-new...</a>
[1]: <a href="https://news.ycombinator.com/item?id=36094633" rel="nofollow">https://news.ycombinator.com/item?id=36094633</a>