Thousands of Los Angeles homeowners were dropped by their ... - CBS News
6 days ago · About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
State Farm accused of funneling excess profits to parent - Los Angeles ...
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...
Their Insurer Dropped Them, Then the LA Fires Burned Down Their ...
3 days ago · State Farm, California's largest homeowner insurer, announced plans last year to cancel approximately 30,000 policies for homes, rental units, and other properties in the state.
State Farm to offer renewals to policyholders ... - Los Angeles …
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 ...
State Farm makes major policy change amid LA fires outrage
Jan 17, 2025 · In July 2024, as part of the decision, State Farm dropped 1,600 policies in the Pacific Palisades. The company also dropped over 2,000 policies in other zip codes in Los Angeles.
State Farm cancels Super Bowl ad, citing impact of Los Angeles …
Jan 16, 2025 · State Farm is pulling its Super Bowl ad, saying the insurer is focused on supporting Los Angeles residents.
State Farm’s California insurance woes could worsen with fires
Jan 17, 2025 · Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators. Its policyholder surplus — the cash it has on hand to pay out ...
State Farm offers policy renewals for homeowners ... - NBC Los Angeles
Jan 16, 2025 · State Farm, one of the largest insurers in California, announced Wednesday that it will offer policy renewals to homeowners impacted by the wildfires that erupted in the Los Angeles area last week ...
Bel-Air, Pacific Palisades residents lose insurance as State Farm …
Apr 10, 2024 · Thousands of Californians who won’t see their home insurance renewed by State Farm this summer are homeowners in Los Angeles County, with some upscale Westside neighborhoods hit hard,...
LA Wildfire Victims Get Major Insurance Boost - Newsweek
Jan 16, 2025 · State Farm insures over one million homes in the Golden State, as per its own data, and more than 4 million autos. In Los Angeles County alone, the company insures 250,000 homes and 880,000 vehicles.