Below sums up the California insurance market.

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I think Mark's 'INTERPRETATION' is fairly Accurate ~!

:D
 


Falls Lake Fire and Casualty Company, (A James River Company) a key provider of Workers' Compensation insurance in California, announced on June 19, 2023, that they would be withdrawing their program from the state. Effective September 23, 2023, Falls Lake will cease renewing policies, with notices of non-renewal starting to be dispatched from August 18, 2023.

Affected Business Classes
This move significantly impacts a range of business classes that Falls Lake Fire and Casualty previously catered to. Approximately 94% of these classes fall into the following sectors:

  • Automotive Services
  • Healthcare, Education & Social Assistance
  • Janitorial Services
  • Restaurants
  • Manufacturing
  • Service or Artisan Contractors
 
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