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PEORIA, Ill. (WMBD) — 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 ...
State Farm canceled hundreds of homeowners ... The decision was announced in March, claiming it would cancel 72,000 property policies in California, 30,000 of which were home insurance policies ...
The California homeowners’ insurance ... or two rather than slowly over the next eight months.” State Farm said cancellation of policies will occur in the summer, starting with homeowner ...
Anderson, a State Farm customer, is also navigating home insurance coverage options. “The broker says I’m learning about the California ... it won’t renew the policies of thousands of ...
Michael Soller, spokesperson for California’s Department of Insurance, said Friday evening via email that the policy change by State Farm was among ... providers from canceling or refusing ...
Thousands of California homeowners will be left without insurance after State Farm announced its plans to not renew policies. The insurer already stopped writing new California homeowners policies ...
State Farm is California’s biggest home insurer ... The company might have fewer people canceling their policies if the proposed rate hikes doesn’t end up being as steep, said Carmen Balber ...
State Farm General Insurance Company — which is an almost exclusive California-only insurer — said the cancellation of policies was necessary because State Farm’s financial position has “s ...
State Farm holds the largest share of property and casualty insurance policies in the U.S. and controls about 8.3% of California ... insurance providers from canceling or refusing to renew ...