Liberty Mutual cuts fire insurance for thousands in at-risk state - blaming tech issues

New Photo - Liberty Mutual cuts fire insurance for thousands in at-risk state - blaming tech issues

Liberty Mutual cuts fire insurance for thousands in at-risk state - blaming tech issues


Liberty Mutual is discontinuing its fire insurance for around 17,000 policyholders in California. Liberty Mutual Fire Insurance Company, a subsidiary of the major insurer, is in the process of canceling the cover, which will be completed in November. California is in the midst of a crisis which is seeing increasing numbers of insurers flee the state. But rather than blaming losses, Liberty Mutual said technology issues were the reason for the non-renewals.
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