State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Los Angeles Magazine on MSN1d
State Farm Seeks 22% Rate Hike for California Homeowners
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
HousingWire6d
Insurance exodus left many properties unprotected from the LA fires
California’s largest private insurer dropped policies in high-risk areas, leaving homes financially unprotected from last ...
Climate-driven insurance crisis
Amidst our evolving climate realities, many Americans are feeling the financial pinch of the climate crisis in insurance ...
ConsumerAffairs1d
State Farm Car Insurance
State Farm has sold car insurance in the U.S. for nearly a century ... I did so because it was conveniently located near my home. The car was repaired excellently, and State Farm handled all ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the insurer of last resort, received approval to assess member carriers $1 billion to help pay its ...
California Asks Insurers to Spare Wildfire Victims ‘the List’
The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...
ABC 7 Los Angeles on MSN6d
Fire-ravaged LA areas faced high non-renewal rates for home, fire insurance before disaster struck
Dropped from your home or fire insurance? See which Southern California zip codes have the highest non-renewal rates.
California Fire Insurance Ruling Spurs Policyholder Pushback (1)
A California appeals court ruling that could doom insurance coverage for smoke damage claims is in line for strong pushback ...
MarketWatch3d
Progressive Car Insurance vs. State Farm Car Insurance
Progressive is the second-largest auto insurance provider in the U.S. behind State Farm, according to the National ... if your car breaks down far from home. Progressive also offers this coverage ...