State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific ...
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the ...