INDUSTRY-BY-INDUSTRY OUTLOOK : The Year in Preview
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California came several years late to the nation’s economic recovery party, but the state should be celebrating all through 1997.
Here is what key industries will be up to:
INSURANCE: Homeowners and earthquake insurance should become more readily available as the California Earthquake Authority starts operation by offering bare-bones quake coverage. Also look for auto insurance rates to continue falling as insurers enjoy a reduction in claims’ costs and competition heats up.
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