Thousands of Los Angeles homeowners were dropped by their ... - CBS News
6 days ago · About 1,600 policies in Pacific Palisades were dropped by State Farm in July, California Department of Insurance spokesman Michael Soller said in an Thursday email to CBS MoneyWatch.
Their Insurer Dropped Them, Then the LA Fires Burned Down Their …
In Pacific Palisades, which was ravaged by the recent wildfires, State Farm dropped 1,626 policies in July, California Department of Insurance spokesman Michael Soller told CBS MoneyWatch. The ...
State Farm to offer renewals to all L.A. County policyholders …
Jan 15, 2025 · Firefighters battle flames off Bollinger Drive in Pacific Palisades on Jan. 7. State Farm said Thursday it was expanding an offer to renew residential policies it had intended to drop last year...
State Farm ended 1,000+ insurance policies in Palisades in 2024 ...
Jan 14, 2025 · In a filing to California state officials, State Farm reported that it wasn’t renewing 69.4% of policies, equal to 1,626 policies, in the 90272 zip code, which is the zip code for the Pacific Palisades area of Los Angeles. That was State Farm’s highest rate of nonrenewals for any California zip code where it had at least five policies.
California Insurer Canceled Policies Months Before Los Angeles ...
Jan 8, 2025 · State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades—the same area which is now being ravaged by a devastating...
Why Did State Farm Cancel Fire Insurance Policies In Pacific Palisades ...
Jan 9, 2025 · State Farm canceled hundreds of fire insurance policies in Pacific Palisades in 2024 to avoid financial failure. Now, with over 4,000 acres and 1,000 structures affected, the California wildfires are among the largest in U.S. history.
Report: State Farm’s California Policy Shakeup to ... - Palisades News
Apr 10, 2024 · The San Francisco Chronicle has issued a report that State Farm, California’s largest home insurance provider, plans to non-renew over 1,600 policies in Pacific Palisades, making it the hardest hit neighborhood by the insurer’s shakeup.
State Farm cancels policies in Pacific Palisades due to rising fire ...
Jan 9, 2025 · Ahead of the disastrous wildfires that ravaged parts of Los Angeles County, State Farm, one of the most prominent homeowners insurance providers reportedly canceled several policies in the Pacific Palisades area.
State Farm saw Pacific Palisades as big insurance risk before the …
Apr 9, 2024 · Nearly 70% of State Farm property policy holders in Pacific Palisades learned last summer that they would lose their home insurance, months before the devastating Palisades Fire hit.
Bel-Air, Pacific Palisades residents lose insurance as State Farm …
Apr 10, 2024 · In Pacific Palisades, according to the letter, 69.4% of the 2,342 policyholders — or about 1,600 — will lose coverage. In Brentwood, 61.5% of State Farm’s 2,114 customers there will lose...
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