Headline: State Farm Won't Renew Coverage for 72,000 Homeowners in California
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The news comes nine months after the insurance giant announced that it wouldn't issue any new home policies in California. State Farm cited rising costs, the heightened risk of wildfires and certain regulations as reasons for not renewing the 72,000 policies, CBS News reports.
Keywords: State Farm,Won't,Renew,Coverage,Homeowners,California,Insurance,Policies,Americans,USA,US,United States,Company Policy,Wildfires,Risk,Homes,House Insuance,Housing
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