Allstate says it is considering return to California homeowners’ insurance market

Like those in a number of other catastrophe hit states, California’s policyholders are watching their pool of available carriers shrinking at a concerning rate. Victoria Roach, president of the California FAIR plan confirmed yesterday that the state fire insurer of last resort is now one of the largest insurers of residential property in the state, despite the insurer’s aim to divest itself of as many policies as possible to private sector carriers.

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