Thousands of Los Angeles homeowners were dropped by their ... - CBS News
1 day ago · An analysis of insurance data by CBS San Francisco last year found that State Farm also dropped more than 2,000 policies in two other Los Angeles ZIP codes, which include the Brentwood, Calabasas ...
California wildfire backlash: State Farm, other insurers slammed …
1 day ago · State Farm, the largest home insurance company in California, announced in March 2024 that it would discontinue coverage of 72,000 home and apartment policies in the summer.
Los Angeles wildfires rage as California homeowners battle an ...
1 day ago · State Farm said in a nonrenewal letter provided to the state that the 30,000 property insurance policyholders who were being dropped across California lived in areas deemed to "present the most ...
State Farm ended 1,000+ insurance policies in Palisades in 2024 - KVUE.com
22 hours ago · On March 20, 2024, State Farm announced it wouldn’t renew 30,000 homeowners’ insurance policies in California, including more than 1,000 policies in Los Angeles’ Pacific Palisades area ...
State Farm cancelled 72,000 California homeowners’ insurance …
21 hours ago · PEORIA, Ill. (WMBD) — 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 ...
California Insurer Canceled Policies Months Before Los Angeles ...
2 days ago · State Farm announced in April 2024 that it would have canceled a total of 72,000 policies in the state for houses and apartments, 30,000 of which were homes, as reported by ABC 7. According to ...
Los Angeles Fires Could Push California’s Insurance System to the …
23 hours ago · David Crane/MediaNews Group/Los Angeles Daily News via Getty Images. ... State Farm dropped nearly 70 percent of its policies in the Pacific Palisades neighborhood last year, according to a state ...
State Farm accused of funneling excess profits to parent - Los Angeles ...
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...
Bel-Air, Pacific Palisades residents lose insurance as State Farm …
Apr 10, 2024 · Thousands of Californians who won’t see their home insurance renewed by State Farm this summer are homeowners in Los Angeles County, with some upscale Westside neighborhoods hit hard,...
State Farm cancels policies in Pacific Palisades due to fire threat ...
1 day ago · Ahead of the disastrous wildfires that ravaged parts of Los Angeles County, State Farm, one of the most prominent homeowners insurance providers reportedly canceled several policies in the Pacific Palisades area.. According to Newsweek, the insurer cited the rising wildfire threat in California as a reason for policy cancellations, claiming it was a strategic move to sidestep "financial failure."
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