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Kiplinger
Kiplinger
Business
Jamie Feldman

More Insurance Companies Are Leaving California

California state flag flying on a pole.

California residents, like their counterparts in Florida and other states hit hard by climate-related disasters, are about to find it even tougher to get insurance coverage.

Four Kemper Corp. subsidiaries — Merastar Insurance, Unitrin Auto and Home Insurance, Unitrin Direct Property and Casualty, as well as Kemper Independence Insurance — will no longer renew preferred home and auto insurance policies in California, a state that has suffered a number of wildfires, floods and other extreme weather events in recent years.

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