State Farm accused of funneling excess profits to parent - Los …
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 claiming it’s in financial...
State Farm to offer renewals to all L.A. County policyholders …
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 those in fire ...
Can California Fire Victims Sue State Farm for Dropping …
Jan 12, 2025 · As wildfires ravage areas of Los Angeles in California, destroying thousands of homes and businesses, the decision last year by its largest insurer State Farm to reduce its number of...
State Farm discontinuing 72,000 home policies in California in …
Mar 22, 2024 · SACRAMENTO, Calif. (AP) — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state.
State Farm General Insurance Company: Update on California
Mar 20, 2024 · State Farm General’s May 2023 decision regarding new applications remains unchanged. We will evaluate the need for any additional business actions as market conditions change. *State Farm General Insurance Company is …
State Farm again is seeking huge increases in home insurance ... - CNN
Jul 2, 2024 · State Farm is seeking increases of as much as 52% for some of its residential insurance rates in California, which could ramp up the financial burden for many homeowners and renters in the...
State Farm to non-renew 72,000 policies in California: These zip ... - KTLA
Apr 8, 2024 · State Farm General Insurance Company announced in March that it plans to non-renew about 30,000 property insurance and 42,000 commercial apartment policies in California. Recent filings with...
State Farm won’t renew 72,000 insurance policies in California ...
Mar 23, 2024 · The California homeowners’ insurance crisis reached another critical stage this week when State Farm General Insurance announced that it would not renew policies for 72,000 property owners...
State Farm discontinuing 72,000 home policies in California in …
Apr 10, 2024 · State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said in March, nine months after announcing it would not issue new...
California wildfire backlash: State Farm, other insurers slammed …
Jan 9, 2025 · The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the state due to regulations that make it hard to price for risk.