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2026.10.23 06:35 GMT+8

Wildfires drive up California homeowner insurance price hikes

Updated 2026.10.23 06:35 GMT+8
Martin Markovits

California homeowners are facing another financial blow as the state's insurer of last resort raises rates by an average of nearly 30%. The increase comes as wildfires continue to threaten communities and a new climate report warns of an increasingly dangerous future. CGTN's Martin Markovits reports.

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