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California, State Farm
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.
California 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 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,
10h
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 ...
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
42m
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.
1h
Insurance crisis looms in California as fires ravage communities
Insurance companies and rates haven’t kept up with increasingly catastrophic events like the California wildfires or ...
1h
on MSN
California Fires Cause Human Misery But Exact Economic Toll on Residents and the Insurance Industry as Well
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing ...
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Related topics
wildfires
Pacific Palisades
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