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California Insurer Canceled Policies
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.
State Farm canceled California homeowners’ insurance policies months before wildfires
State Farm canceled hundreds of homeowners’ insurance policies for residents in many of the same areas now in the path of the Southern California wildfires. The insurance company’s reasoning for canceling policies for people living in Pacific Palisades in Los Angeles County,
State Farm cancelled 72,000 California fire 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,
14h
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 ...
The New Yorker
4h
The Insurance Crisis That Will Follow the California Fires
In 2019, the number of homeowners’ policies in California that were not renewed jumped by more than thirty per cent. In 2023, ...
5h
on MSN
California Fires Cause Human Misery But Exact Economic Toll on Residents and the Insurance Industry as Well
The human suffering is a disaster. But the economic cost to residents and the insurance industry will add to the woes facing ...
9h
Insurance Company Stocks Fall as Damage Estimates from California Wildfires Rise
Insurance company shares fell Friday as the massive wildfires in California are now estimated to have caused $135 billion to ...
3h
on MSN
California insurance commissioner issues 1-year moratorium to protect Southern California homeowners
The California insurance commissioner issued a mandatory one-year moratorium on non-renewals and cancellations to protect ...
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wildfires
Pacific Palisades
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