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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,
9h
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 ...
12m
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the ...
33m
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 ...
Mother Jones
2h
The California Fires Could Scorch the State’s Broken Insurance Market
As the Eaton Fire devastated the Hastings Ranch neighborhood in Pasadena, California, the family seemed especially screwed: ...
16h
on MSN
Experts warn Colorado is on the verge of an insurance crisis similar to California’s
Insurance experts say although California's wildfires may not directly impact Colorado's insurance premiums, the growing risk ...
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Related topics
wildfires
Pacific Palisades
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