I'm not a gov employee but normally a company would pull out if it's not longterm profitable or may be losing perhaps due to regulatory insanity. A second reason though not the likely one, is that California (Newsom!) mandated corporations have to have LGBTQ board members (dictating leftist policy to the company) - a number of companies have already relocated to freer places like Texas because of that.

Another factor might be being mandated to provide insurance to illegals drivers. Guarantee money loser. Accident, illegal skips town, company left holding the bag.

Added: Aha! The huge risk from fires in Califoria. Gov Newsom NOT authorizing more water to fire-prone areas either for prevention of or for fighting acreage fires. Hence insurance having pay to pay out a lot.

I'm not a gov employee but normally a company would pull out if it's not longterm profitable or may be losing perhaps due to regulatory insanity. A second reason though not the likely one, is that California (Newsom!) mandated corporations have to have LGBTQ board members (dictating leftist policy to the company) - a number of companies have already relocated to freer places like Texas because of that.

Another factor might be being mandated to provide insurance to illegals drivers. Guarantee money loser. Accident, illegal skips town, company left holding the bag.