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California Insurer Canceled Policies

Hosted on MSN · 10h

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."

State Farm cancelled 72,000 California homeowners' insurance policies in 2024

James Woods has lost his Pacific Palisades home in the Southern California fires that continue to devastate parts of Los Angeles. Speaking on CNN, the 77-year-old “Vampires” and “Once Upon a Time in America” actor broke down in tears discussing the harrowing situation in his neighborhood. “One day you’re swimming in the pool and the …

the California fires are fueling an 'insurance crisis'

The New Yorker · 5h

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 · 5h

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

BBC on MSN · 10h

Fact-checking criticism of California Democrats over fires

The US president has sought to blame top California Democrats for challenges fighting the blazes in Los Angeles.

14hon 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 ...

Santa Rosa Press Democrat51m

Los Angeles fires could drastically drive up insurance premiums — and test California’s new market rules

The state’s plan to fix the insurance crisis had barely rolled out when the Los Angeles fires began. Can the market recover ...

6hon 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 ...

5hon 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 ...

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