Discussed earlier: State Farm halts new property insurance policies in California[0] (76 points, 92 comments, 12 hours ago[1]) - the OC Register goes into more detail/history than this CNBC stub.

[0]: https://www.ocregister.com/2023/05/26/state-farm-says-no-new... [1]: https://news.ycombinator.com/item?id=36094633

Comments moved to https://news.ycombinator.com/item?id=36094633. Thanks!