Insurance giant halts sale of new home policies in California due to wildfires

State Farm also cites inflation of construction costs in statement which comes after increasing wildfires in state

https://www.theguardian.com/us-news/2023/may/27/state-farm-home-insurance-california-wildfires

#climate #climatecrisis #california #insurance #wildfires #statefarm #us
#theguardian #inflation #constructioncosts