Homebuyers and homeowners in California have a reason to celebrate. The state’s top insurance regulator announced last Thursday that new rules are in the works to persuade insurers to remain in the state. Over the past 12 months, seven of the 12 largest insurance companies by market share in California have either paused or restricted new policies in the state, highlighted by the departures of State Farm and Allstate in early June 2023. In announcing their departure from the Golden State, the...