4 small insurers – Merastar Insurance coverage Firm, Unitrin Auto and Residence Insurance coverage Firm, Unitrin Direct Property and Casualty Firm and Kemper Impartial Insurance coverage Firm – are discontinuing their dwelling insurance coverage program in California, and won’t write or renew owners and rental insurance policies within the state starting in 2024, reviews the San Francisco Chronicle.
These firms are all owned by the identical dad or mum firm, Kemper Company, and filed their intent to withdraw with the California Division of Insurance coverage. In these filings, the businesses defined they are going to present nonrenewal notices to policyholders on a rolling foundation as their insurance policies naturally expire, starting with insurance policies set to finish March 1, 2024.
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