With extreme weather events on the rise across the U.S., insurers have begun to reassess which areas of the country they will provide coverage for after experiencing staggering losses due to payouts. A report from the New York Times found that State Farm put pause on new home insurance policies in California after a number of natural disasters inundated the state in recent years.

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Hurricane Lee Expected to Grow As It Turns North
Hurricane Lee, still a Category 3 storm with winds of 115 mph, is expected to increase in size but be significantly weaker in the coming days, as it turns north to reach the U.S. East Coast, according to the National Hurricane Center.
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