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 ...
Several California insurers have cut policies in wildfire-prone areas of the state ... increase in premiums for existing customers. In April 2024, State Farm announced that it would cancel 72,000 ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County ...
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
The Super Bowl commercial would have been the second consecutive spot from the insurance giant, after Arnold Schwarzenegger played 'Agent State Farm' in last year's game.
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
State Farm is canceling a planned commercial by the ... State Farm has in recent years stopped offering new home insurance policies in California amid surging costs from extreme weather linked ...
State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, ...
Why it matters: State Farm has the most California customers out of any other insurer, according to the company. It expects ...
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 ...