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, two giant insurers, State Farm and Allstate, announced that they would stop writing new policies for various forms of property insurance in California.
Chad Comey, who lost his home in the L.A. wildfires, joins “CUOMO” to discuss how his family is coping. Comey says his family ...
State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific ...
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the ...
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid ...
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State Farm cancelled 72,000 California fire insurance policies in 2024State Farm is being accused of canceling thousands of fire insurance policies in California right before the massive ...
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
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Why did State Farm insurance cancel homeowners policies before LA wildfires? List of impacted areas exploredState Farm, one of California's largest insurance providers, revoked hundreds of homeowners' policies in California, specifically the Pacific Palisades.
In recent years, insurers like Allstate, American National, The Hartford and State Farm have stopped renewing policies or issuing new policies for California homeowners.
As wildfires rip through the Pacific Palisades in Los Angeles County, California, hundreds have been left without homeowner's ...
Social media users angry at State Farm's decision to cancel hundreds of policies in California last year are rallying around ...
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