State Farm to offer renewals to all L.A. County ... - Los Angeles …
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...
State Farm accused of funneling excess profits to parent - Los Angeles ...
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...
Thousands of Los Angeles homeowners were dropped by their ... - CBS News
6 days ago · An analysis of insurance data by CBS News San Francisco last year found that State Farm also dropped more than 2,000 policies in two other Los Angeles ZIP codes, which include the Brentwood ...
State Farm’s California insurance woes could worsen with fires
Jan 17, 2025 · Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators. Its policyholder surplus — the cash it has on hand to pay out ...
California Insurer Canceled Policies Months Before Los Angeles ...
Jan 8, 2025 · State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades—the same area which is now being ravaged by a devastating...
State Farm cancels 2025 Super Bowl ad, citing impact of Los Angeles ...
Jan 16, 2025 · An analysis of insurance data by CBS News San Francisco last year found that State Farm also dropped more than 2,000 policies in two other Los Angeles ZIP codes, which include the Brentwood ...
All eyes are on State Farm’s next move as wildfires rip apart Los Angeles
Jan 13, 2025 · State Farm is facing a rising tide of new scrutiny amid wildfires ripping through whole communities in Los Angeles. The insurer ended coverage for thousands of homes in the Pacific Palisades...
Why are State Farm and others leaving California's ... - Los Angeles Times
Mar 29, 2024 · The crisis reached new heights last week when leading insurer State Farm General announced that it wouldn’t renew 72,000 property owner policies statewide, joining Farmers, Allstate and other...
State Farm makes major policy change amid LA fires outrage
Jan 17, 2025 · In July 2024, as part of the decision, State Farm dropped 1,600 policies in the Pacific Palisades. The company also dropped over 2,000 policies in other zip codes in Los Angeles. State Farm ...
Los Angeles wildfires magnify California 'insurance crisis' as ...
Jan 9, 2025 · State Farm said in a nonrenewal letter provided to the state that the 30,000 property insurance policyholders who were being dropped across California lived in areas deemed to "present the most ...