Arrr mateys, thousands o' landlubbers in California be losin' their booty protection! Shiver me timbers, it be true!
2024-03-01
Arrr mateys, brace yerselves! Thousands o' California landlubbers be walkin' the plank as American National Group be pullin' up anchor and leavin' the state without coverage. They be joinin' the likes o' other scallywags abandonin' ship due to burnin' flames and high HOA booty. Farewell, ye policy holders, may ye find safe harbor elsewhere!
Arrr, me hearties! Thar be bad news for thousands of landlubbers in the Golden State of California. American National Group be droppin' anchor and sailin' away, leavin' homeowners stranded without coverage. This be happenin' because of them pesky wildfires raisin' repair costs and them HOA fees be gettin' higher than a crow's nest.Ahoy! This American National group be bought out by Brookfield Asset Management Reinsurance Partners for a pretty penny of $5.1 billion just a couple of years ago. Now they be walkin' the plank and abandonin' ship in eight other states as well, all because of them revenue losses. It be a sad day for those dependin' on their policies.
So, me hearties, if ye be one of them California homeowners left high 'n dry by American National, ye better start battening down the hatches and lookin' for a new insurer faster than a shark swimmin' after chum. Them seas be rough, but with a little luck and some savvy navigatin', ye might just find a new policy to keep yer home safe from Davy Jones' locker. Fair winds and followin' seas to ye all!