User:SylviaSD/sandbox

In 2018, insurance companies rejected renewals for 8,751 home insurance policies in ZIP Codes affected by the 2015 and 2017 California wildfires (a 9.6% increase from the previous year). In November 2018, the California Department of Insurance launched a review of the financial stability of property insurance companies in the state after claims filed to the Merced Property & Casualty Company following the Camp Fire that month pushed the firm to the point of insolvency. In 2018, the 5-year moving average of total burned acres in California surpassed 1 million and rose to 2.2 million in 2021. In 2019, a survey of California Association of Realtors members found that 27% had issues with fire insurance either personally or with a client, and among the members with fire insurance issues, 34% stated that they had potential buyers backing out of sales due to difficulties of obtaining a fire insurance policy. In 2019, insurers declined to renew 235,000 home insurance policies in California statewide in a 31% increase in the statewide non-renewal rate from the previous year, with non-renewal rates in ZIP Codes with moderate to high wildfire risk increasing by 61% and in the top 10 counties for wildfire risk by 203%.