One of California’s biggest insurers

State Farm is stopping the sale of new home-insurance policies in California effective Saturday, because of wildfire risk and rapid inflation in construction costs. https://www.wsj.com/articles/state-farm-halts-home-insurance-sales-in-california-5748c771   h/t BoatSurfer600

Two Californias In One!

● Shot: California reparations panel approves payments of up to $1.2 million to every Black resident. —Fox News, yesterday. ● Chaser: California Defaults On $18.6 Billion In Debt, Saddling Employers With The Expense. —ZeroHedge, yesterday.   so a free state that never had …

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