Thousands of Los Angeles homeowners were dropped by their ... - CBS News
Jan 20, 2025 · An analysis of insurance data by CBS News San Francisco last year found that State Farm also dropped more than 2,000 ... In California, State Farm last year said it was discontinuing coverage for ...
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...
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 discontinuing 72,000 home policies in California in …
Mar 22, 2024 · SACRAMENTO, Calif. (AP) — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state.
State Farm to offer renewals to all L.A. County policyholders …
Jan 15, 2025 · State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County residential policyholders slated to have been dropped, not just those in fire ...
State Farm General Insurance Company: Update on California
Mar 20, 2024 · State Farm General’s May 2023 decision regarding new applications remains unchanged. We will evaluate the need for any additional business actions as market conditions change. *State Farm General Insurance Company is …
State Farm won’t renew 72,000 insurance policies in California ...
Mar 23, 2024 · The California homeowners’ insurance crisis reached another critical stage this week when State Farm General Insurance announced that it would not renew policies for 72,000 property owners...
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...
State Farm stops home insurance sales in California, citing ... - CNN
May 28, 2023 · State Farm is stopping new home insurance sales in California, citing wildfire risks and skyrocketing construction costs, the company announced Friday. The insurance giant stopped accepting...
State Farm discontinuing 72,000 home policies in California in …
Apr 10, 2024 · State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said in March, nine months after announcing it would not issue new...