Thousands of Los Angeles homeowners were dropped by their ... - CBS News
6 days ago · Homeowners in California could get help from a new state regulation, announced Monday, that will require insurers to offer coverage in wildfire-prone areas. The ultimate goal of the new rules...
Can California Fire Victims Sue State Farm for Dropping …
Jan 12, 2025 · As wildfires ravage areas of Los Angeles in California, destroying thousands of homes and businesses, the decision last year by its largest insurer State Farm to reduce its number of...
State Farm General Insurance Company: Update on California
Mar 20, 2024 · These actions are California-specific and will occur on a rolling basis over the next year, beginning on July 3, 2024, for homeowners, rental dwelling, residential community association and business owners policies and on August 20, …
State Farm to offer renewals to all L.A. County policyholders …
Jan 15, 2025 · State Farm announced this week it will not renew 72,000 policies in California amid a tight insurance market. State Farm said Thursday it has received more than 7,850 home and auto claims and...
California wildfire backlash: State Farm, other insurers slammed …
Jan 9, 2025 · The deadly wildfires that hit Southern California this week destroyed a significant number of homes after some leading insurance companies pulled back on offering policies in the Golden State in...
State Farm accused of funneling excess profits to parent - Los …
Oct 28, 2024 · State Farm General, California’s largest home insurer, is being accused of boosting the profits of its parent company at the expense of state policyholders — while claiming it’s in financial...
Why are State Farm and others leaving California's home insurance …
Mar 29, 2024 · The crisis reached new heights last week when leading insurer State Farm General announced that it wouldn’t renew 72,000 property owner policies statewide, joining Farmers, Allstate and other...
State Farm again is seeking huge increases in home insurance ... - CNN
Jul 2, 2024 · State Farm is seeking increases of as much as 52% for some of its residential insurance rates in California, which could ramp up the financial burden for many homeowners and renters in the...
State Farm to non-renew 72,000 policies in California: These zip ... - KTLA
Apr 8, 2024 · State Farm General Insurance Company announced in March that it plans to non-renew about 30,000 property insurance and 42,000 commercial apartment policies in California. Recent filings with the...
State Farm to pull out of 72,000 California insurance policies
Mar 20, 2024 · State Farm General Insurance Company has just announced that it is taking strategic steps to secure its future viability within California's insurance market. This involves a series of...