The California Department of Insurance expressed concern over State Farm’s financial stability following the announcement of their decision to drop 72,000 property insurance policies in California. The move has raised eyebrows within the industry and prompted speculation about the insurer’s long-term viability.

Key points:
– California Department of Insurance reacts to State Farm’s decision to drop 72,000 property insurance policies
– Concerns raised about State Farm’s financial health and long-term stability
– Industry experts speculate on the implications of this move for the insurer’s future prospects

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