California Wildfires: Historic Losses
This is a California news story, published by CNBC, that relates primarily to State Farm news.
California news
For more California news, you can click here:
more California newsclimate change news
For more climate change news, you can click here:
more climate change newsCNBC news
For more news from CNBC, you can click here:
more news from CNBCAbout the Otherweb
Otherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best science news, business news, entertainment news, and much more. If you like climate change news, you might also like this article about
American Property Casualty Insurance Association. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest property insurers news, dire home insurance situation news, climate change news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
Several major property insurance companiesCNBC
•Science
Science
Why the home insurance model is broken

72% Informative
California 's largest property insurance company, State Farm , has pulled out of state all together.
California FAIR Plan, which covers 449,000 Californians , faces $8 billion in losses.
44.8% of all U.S. homes are in areas that face at least one severe or extreme climate risk.
VR Score
69
Informative language
66
Neutral language
10
Article tone
formal
Language
English
Language complexity
45
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
9
Source diversity
7
Affiliate links
no affiliate links