Thousands of Los Angeles homeowners were dropped by their ... - CBS News
1 day ago · An analysis of insurance data by CBS San Francisco last year found that State Farm also dropped more than 2,000 policies in two other Los Angeles ZIP codes, which include the Brentwood, Calabasas ...
CA wildfire backlash: State Farm, other insurers slammed for
State Farm, the largest home insurance company in California, announced in March 2024 that it would discontinue coverage of 72,000 home and apartment policies in the summer.
State Farm canceled California homeowners’ insurance policies …
1 day ago · State Farm canceled hundreds of homeowners’ insurance policies for residents in many of the same areas now in the path of the Southern California wildfires. The decision was announced in March ...
California Insurer Canceled Policies Months Before Los Angeles ...
2 days ago · State Farm announced in April 2024 that it would have canceled a total of 72,000 policies in the state for houses and apartments, 30,000 of which were homes, as reported by ABC 7. According to ...
State Farm Sets Another Record With $14B ... - Insurance Journal
Mar 1, 2024 · According to the statement, the State Farm life insurance companies paid out more than $725 million in dividends to policyholders, and issued a record $118 billion in new policy volume...
State Farm announces major insurance policy change affecting …
May 3, 2024 · State Farm, California's largest insurance provider, announced it would not renew insurance policies for approximately 72,000 homes and apartments in the state beginning this summer. What's...
Consumer Watchdog Saves Policyholders Over $325 Million from State Farm …
LOS ANGELES, Dec. 11, 2024 /PRNewswire/ -- Consumer Watchdog recently reached a settlement in a matter involving a proposed 23.4% rate hike requested by State Farm Mutual Automobile Insurance...
State Farm - Latest Insurance News
Sep 26 2024 // State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss ratio for the line than it did in 2023, according to a...
State Farm accused of funneling excess profits to parent - Los …
Oct 28, 2024 · State Farm General, California’s largest home insurer, is being accused of boosting the profits of its parent company at the expense of state policyholders — while claiming it’s in financial...
State Farm® Announces 2023 Financial Results
Feb 29, 2024 · The State Farm life insurance companies reported over $725 million in dividends to policyholders and issued a record $118 billion in new policy volume bringing the year-end 2023 individual life insurance in force to $1.1 trillion.
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