Just saw this in the news:
https://ktla.com/news/california/state-farm-seeks-major-increase-in-home-insurance-rates-sparks-concerns/
This will like make it harder and more expensive to get a new policy in Calif.:
State Farm (my insurer) has asked for big increases. I heard that besides HO and renters insurance they are asking for major auto insurance increases too. My house is going up for sale this week so won't have to worry but it's a sign they might be in financial trouble too. I have HO, non-car owners liability, umbrella, and earthquake thru them. Will be glad once I can dump all that! At least for awhile.
ETA that they also said housing prices are at an all time high with the median price in Calif at arou d $910k. Lose a bunch of properties to fires and floods and I'd be bailing out of the Calif insurance market too if I was an insurance Co.