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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.
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, ...
Grist
58m
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.
1d
on MSN
How the devastating Los Angeles fires could deepen California’s home insurance crisis
The massive fires that have destroyed much of Pacific Palisades and demolished thousands of homes and structures in Los ...
The New Republic on MSN
10h
L.A. Is Burning. Will Insurance Companies Take Advantage?
Popular narrative suggests insurance companies have to raise rates due to fire risk. In reality, the companies are doing ...
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 ...
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.
1d
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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Related topics
California
Pacific Palisades
Los Angeles
wildfires
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