
There appears to be progress in California’s insurance crisis. Allstate is getting ready to resume writing new home policies, though not immediately. The company confirmed this yesterday at a public workshop, saying it’s just waiting for the state to enact insurance regulations. That’s expected to happen by December. Allstate still renews existing policies but stopped offering new coverage in November of 2022, partly due to wildfire risk. Other providers have done the same or left the state altogether.