California wildfires have burned more than 832,000 acres so far this year, so the news that any insurer is ending fire insurance coverage is jarring for homeowners in the state, but for 17,000 facing the end of their policies, the reason is especially curious.
Liberty Mutual Fire Insurance Company, a subsidiary of Liberty Mutual, is not renewing the policy of roughly 17,000 dwellings starting next month and continuing through November. Rather than pointing to losses, a common reason given for such actions, the company says this decision is technology-based.
