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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.

Washington Examiner on MSN · 1d

State Farm canceled California homeowners’ insurance policies months before wildfires

The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."

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,

California, Insurance and camp fire

The New Yorker · 2h

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, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.

The Baltimore Sun · 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 hurricanes that recently hit Florida, Tennessee and North Carolina. It can put

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.

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 ...

3hon 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 ...

1hon MSN

California insurance commissioner issues 1-year moratorium to protect Southern California homeowners

The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...

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 ...

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