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California homeowners insurance market tested
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."
California wildfire backlash: State Farm, other insurers slammed for dropping coverage
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.
State Farm cancelled 72,000 California homeowners’ 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,
59m
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 ...
5h
on 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 ...
12h
on MSN
Experts warn Colorado is on the verge of an insurance crisis similar to California’s
Insurance experts say although California's wildfires may not directly impact Colorado's insurance premiums, the growing risk ...
Soap Central on MSN
1d
Why did State Farm insurance cancel homeowners policies before LA wildfires? List of impacted areas explored
State Farm, one of California's largest insurance providers, revoked hundreds of homeowners' policies in California, specifically the Pacific Palisades.
14h
on MSN
California had a home insurance crisis before the LA fires. It's only going to get worse.
The California wildfires could drive up premiums and prompt a new wave of private insurers dropping policies or declining to write new ones.
IJR
22h
State Farm Cancelled Homeowners’ Policies In California Months Before Wildfires: Report
As wildfires rip through the Pacific Palisades in Los Angeles County, California, hundreds have been left without homeowner's ...
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