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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …