California is on fire 🔥
The massive wildfires have ripped through thousands of acres of land in Los Angeles, destroying thousands of homes.
A state of emergency has been declared in California. Insurance companies knew fires were likely, but since it's illegal to raise insurance rates in CA, they just dropped their customers instead.
State Farm, one of California's largest insurers, canceled 72,000 homeowners policies in areas now ravaged by devastating wildfires 😔
