Safeco to exit specialty insurance coverage strains in California by 2026

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Safeco to exit specialty insurance lines in California by 2026

Beginning in 2026, Safeco will stop underwriting new insurance policies for specialty automobiles, bikes, and non-good driver (normal) auto merchandise. On the similar time, the corporate will start non-renewing insurance policies in these strains and others it had already stopped providing to new prospects, together with Liberty Mutual-branded apartment and renters insurance coverage, which had been closed to new enterprise in 2023.