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 ...
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State Farm blows through reinsurance cover with ~$8bn LA wildfire loss
Sources told this publication that the mutual is facing a loss totalling around $7.91bn from the fires, and it is understood ...
State Farm offers renewal options for policyholders impacted by LA wildfires
Since the wildfires broke out in early January, State Farm’s claims department has fielded over 7,400 home and auto claims, ...
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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 ...
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
State Farm axes Super Bowl spot, citing focus on ongoing Los Angeles wildfires
Insurance company State Farm has canceled plans to air a spot during Super Bowl 59, citing the ongoing fires in Los Angeles ...
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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.
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State Farm’s Wildfire Reversal: Renewals Reignite Hope (and Controversy) in Los Angeles County
Key Takeaways Renewal Lifeline for Thousands State Farm’s decision to pause non-renewals could mean the difference between ...
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State Farm cancels Super Bowl ad over California wildfires
Insurance giant State Farm has canceled a ... over the raging wildfires in California. “Our focus is firmly on providing support to the people of Los Angeles. We will not be advertising during ...