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More insurance companies opt to exit California market

November 14, 2023


California has yet to stem the tide of companies exiting its embattled insurance market as four Kemper Corp. subsidiaries recently revealed plans to not renew home and auto policies starting 2024.

The four companies – Merastar Insurance, Unitrin Auto and Home Insurance, Unitrin Direct Property and Casualty, and Kemper Independence Insurance – all cited a nationwide restructuring decision by their parent company as the reason behind the move.

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