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State Farm, California
Who Is Jon Farney? State Farm CEO Faces Fury Over California Insurance Cuts
State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades.
State Farm cancelled 72,000 California fire insurance policies in 2024
State Farm is being accused of canceling thousands of fire insurance policies in California right before the massive wildfires. More than 10,000 homes and businesses have been destroyed as multiple wildfires continue to ravage parts of Los Angeles County,
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."
State Farm cancelled 72,000 California homeowners' insurance policies in 2024
James Woods has lost his Pacific Palisades home in the Southern California fires that continue to devastate parts of Los Angeles. Speaking on CNN, the 77-year-old “Vampires” and “Once Upon a Time in America” actor broke down in tears discussing the harrowing situation in his neighborhood. “One day you’re swimming in the pool and the …
State Farm Cancelled Homeowners’ Policies In California Months Before Wildfires: Report
As wildfires rip through the Pacific Palisades in Los Angeles County, California, hundreds have been left without homeowner's insurance after
CA wildfire backlash: State Farm, other insurers slammed for dropping coverage
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the state due to regulations that make it hard to price for risk.
State Farm, Allstate, and Other Insurers Face Criticism Amid Devastating California Wildfires for Cutting Coverage
Deadly wildfires in Southern California have destroyed over 1,000 homes and claimed at least five lives this week, intensifying scrutiny over major insurance companies’ recent decisions to scale back policies
2d
Spalding Jurors Return $12M Verdict Against State Farm Insurance Client
A Spalding County State Court jury has returned a $12 million verdict against a motorist insured by State Farm Insurance ...
6h
Insurance Company Stocks Fall as Damage Estimates from California Wildfires Rise
Insurance company shares fell Friday as the massive wildfires in California are now estimated to have caused $135 billion to ...
Grist
1h
California overhauled its insurance system. Then Los Angeles caught fire.
The Palisades Fire could cause more than $10 billion in damages, further straining the state’s fragile insurance market.
The New Yorker
1h
The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
11h
on MSN
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires ...
1d
on MSN
Before the Palisades Fire, many of its homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
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on MSN
2 charts show how LA's homeowners are caught in a messy insurance market as wildfires hit the area
See which LA neighborhoods on fire were most affected by the state's largest insurer's recent coverage rollback.
2d
on MSN
Insurance agents discuss how to submit winter weather claims in the Ozarks
Clippard has a few tips for filing an insurance claim due to the winter weather. The first step is to mitigate the damage, ...
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California
Pacific Palisades
Los Angeles
wildfires
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