Are Wildfires Making California Uninsurable?

SACRAMENTO (CBS13) — Insurance claims for this year’s California wildfires have topped $9 billion. Now there is a concern that insurance companies could stop insuring Californians.
Insurance companies are in the business of making money. It’s happened before after fires, hurricanes and other natural disasters. When the risk is too high, some companies stop insuring.
Claims for this year’s infernos in California are so overwhelming that one small insurer, Merced Property a