Farmers becomes latest carrier to limit new homeowners’ business in California
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Farmers becomes latest carrier to limit new homeowners’ business in California

California wildfire smoke Farmers.jpg

Farmers has announced that it will limit new homeowners’ policies in California, making it the latest carrier to reign in its capacity amid a struggle to remain profitable in the state.

“With record-breaking inflation, severe weather events, and reconstruction costs continuing to climb, we are focused on serving our customers while effectively managing our business,” a Farmers spokesperson told Inside P&C.

“Effective

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