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California, State Farm

Hosted on MSN · 7h

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.

WMBD Peoria on MSN · 20h

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,

Fox Business on MSN · 1d

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.

California, Wildfires and Los Angeles

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.

Newsweek on MSN · 10h

California's Largest Insurer Speaks Out About Wildfires

State Farm, which canceled hundreds of policies in Pacific Palisades last summer, is encouraging customers affected by the fires to file damage claims.

U.S. News & World Report · 23h

How the Wildfires in the Los Angeles Area Could Affect California's Home Insurance Market

The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing reside

12hon 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 Yorker3h

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, ...

3h

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 ...

2hon MSN

California fires: VP Harris called out over claim about canceled insurance

The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some ...

43mon MSN

California fires highlight insurance issues across nation, including in New Jersey

The California fires are highlighting a serious issue across the nation as insurance carriers drop coverage or decide not to ...

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