state farm pacific palisades news

State Farm, other insurers slammed for dropping coverage

Before the Palisades Fire, many of those homeowners had lost insurance

About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

KHOU 11 · 7h

Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024

State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.

Fox Business on MSN · 1d

CA wildfire backlash: State Farm, other insurers slammed for dropping coverage

The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the state due to regulations that make it hard to price for risk.

California, State Farm

Washington Examiner on MSN · 1d

State Farm canceled California homeowners’ insurance policies months before wildfires

The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."

The Associated Press on MSN · 14h

How Los Angeles wildfires could affect California's home insurance market

State authorities previously listed the Palisades as one of the five Southern California areas with the highest concentration of potential wildfire risks. The community also is among the areas most impacted by an unavailability of insurance coverage.

IJR · 1d

State Farm Cancelled Homeowners’ Policies In California Months Before Wildfires: Report

As wildfires rip through the Pacific Palisades in Los Angeles County, California, hundreds have been left without homeowner's insurance after

Devastating Fires Send L.A. Residents Scrambling for Homes in a Tight Market: ‘Get Me to Newport’

With two major fires raging in Los Angeles County, thousands of displaced residents are now hunting for new homes in a very ...

15hon MSN

California's Largest Insurer Speaks Out About Wildfires

State Farm, which canceled hundreds of policies in Pacific Palisades last summer, is encouraging customers affected by the fires to file damage claims.

Pacific Palisades

About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

The New Yorker8h

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, ...

8hon MSN

California fires put Los Angeles and outlying areas on high alert: What to know

Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the ...

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