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All eyes are on State Farm’s next move
All eyes are on State Farm’s next move as wildfires rip apart Los Angeles
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 months before the disaster ruthlessly claimed swaths of homes,
Aerial footage shows Pacific Palisades in ruins after Los Angeles wildfires
A drone captured the charred remnants of Pacific Palisades, a neighborhood west of downtown Los Angeles severely impacted by wildfire.
How the Wildfires in the Los Angeles Area Could Affect California's Home Insurance Market
The wildfires that destroyed homes in multiple sections of the Los Angeles area will test California’s efforts to stabilize the state’s insurance marketplace after many insurers stopped issuing reside
State Farm cancels policies in Pacific Palisades
State Farm cancels policies in Pacific Palisades due to rising fire threat in California
State Farm, one of the largest homeowners insurance providers, reportedly canceled hundreds of policies in the Pacific Palisades region of Los Angeles County.
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."
Insurance commissioner issues moratorium on home policy cancellations in fire zones
Insurance Commissioner Ricardo Lara has issued a one-year moratorium on home policy non-renewals and cancellations in the Pacific Palisades and the San Gabriel Valley's Eaton fire zones.
12h
on MSN
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
14h
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
10h
Devastating Fires Send L.A. Residents Scrambling for Homes in a Tight Market: ‘Get Me to Newport’
With two major fires raging in Los Angeles County, thousands of displaced residents are now hunting for new homes in a very ...
2d
Pacific Palisades
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
14h
See Photos of Devastating Palisades Fire in California
Thousands of residents have been forced to evacuate the Los Angeles area as wildfires continue to tear through the region.
New York Sun
1h
California Faces a Staggering $20 Billion Wildfire Insurance Crisis. ‘Sad Surprises’ May Be Ahead for Homeowners
The catastrophe has been years in the making as the state’s largest insurance companies discontinued coverage for thousands ...
20h
on MSN
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.
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