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Allstate joining State Farm ending new home policies in California due to Wildfire risk all this is happening as the wild season Wildfire season loses Upon Us eyewitness news reporter Rob Hayes has the details California and wildfires seem to be a tragic couple the threat of catastrophic damage now has major insurance companies pulling the plug on home insurance in this state Allstate California's fourth largest insurance provider says it will no longer issue any new home insurance policies the state's largest home insurance provider State Farm had already made the same call last month that is sparking Statewide concerns about possible jumps and premiums if the rates went through the roof then my wife and I would have to sit down and figure that out but the group consumer Watchdog says All State and State Farm's decisions actually have little to do with the insurance industry losing too much money due to wildfires the profits in California are homeowners insuran

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