State Farm’s finances were a worry even before L.A. fires. Here’s what we know about its ability to pay claims going forward
Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators ...
MarketWatch9d
State Farm Insurance Review
State Farm is the largest insurance provider in the country — it wrote nearly $93.8 billion in premiums in 2023. That was about $31 billion more than Progressive, the next-largest company.
State Farm U-Turns on Coverage After ‘Jake’ Trolled Online
The iconic actor who plays “Jake from State Farm” has been attacked online after the insurance agency canceled policies just ...
insurancebusinessmag2d
State Farm pays out nearly $500 million in California wildfire claims
State Farm said that it has paid out close to $500 million in claims following the wildfires that have ravaged the Los ...
State Farm opens customer care sites for residents impacted by LA and Altadena fires
Following its announcement that it would pause non-renewals for policyholders to ensure coverage for Los Angeles County ...
IJR3d
‘You Made It So Impossible’: Trump Halts Dem Rep On FEMA Defense, Calls Out Insurance Companies Fleeing State
President Donald Trump on Friday halted Democratic California Rep. Brad Sherman’s defense of using the Federal Emergency ...
Insurancenewsnet.com13d
State Farm giving LA homeowners an option to renew coverage
State Farm is giving some California homeowners an option to renew coverage that previously had been cancelled.
Daily Mail13d
State Farm makes major insurance policy U-turn after devastating LA fires... but it will not benefit everyone
State Farm will offer insurance renewals to Los Angeles residents it had planned to drop. In a major U-turn, the company said it would renew policies in the badly-hit Pacific Palisades ...