State Farm, California's largest home insurance provider, says it won't be renewing tens of thousands of policies beginning this summer. Starting in July, State Farm will cut 72,000 residential and commercial policies statewide because of inflation, regulatory costs and increasing risks from catastrophes. The company did not specify which customers are at risk. MORE: https://www.cbs8.com/article/news/local/working-for-you/state-farm-to-cut-home-insurance-policies/509-0681d2a1-7a3d-4fd7-9f46-bec83cda0732