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Major California Insurer Could Drop More Than One Million PoliciesInsurance company State Farm projects it could drop more than one million California policies over the next five years due to impending financial instability. June filings submitted to the ...
State Farm is projecting that by 2028, the number of policies it issues in California will drop by 1 million, as the insurance giant grapples with financial distress and pulls back from ...
Insurers, including State Farm and 24 other companies that hold 75% of California’s home insurance market ... to “suddenly and simultaneously” drop coverage or halt writing new policies ...
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of California ... State Farm negotiated lower rates, including a ...
After meeting with State ... coverage should it be allowed to charge higher premiums. Earlier this month, State Farm — the state’s largest home insurance provider — asked the California ...
California’s top insurance regulator said Tuesday that State Farm can soon start raising ... crisis that could force them to drop more California policies. The state’s largest home ...
SAN DIEGO — Millions of State Farm Insurance customers in California will soon experience ... Additionally, State Farm has committed not to drop existing customers through the end of ...
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