Absent access to the needed data, Consumer Watchdog’s preliminary calculations show that State Farm would have to pay out roughly $9 billion to justify a 22% increase.
Even enormous names in the market, like State Farm and Allstate, have pulled back. Officials in state capital Sacramento have been worried for a while. Last year Insurance Commissioner Ricardo Lara ...
Our team looked at over 100 of the top auto insurance providers in the U.S., from national providers like USAA, Travelers and State Farm to regional providers like Erie Insurance. 8,500 Data ...
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. An analysis ...
“These numbers will rise as residents return and assess damage,” a State Farm spokesperson wrote. In late May 2023, State Farm announced it would stop offering property and home insurance to ...
One of the long-reaching consequences of the raging wildfire crisis is a reshaping of the home insurance landscape, illustrated in State Farm's decision ... as residents return and assess damage." ...
State Farm has an 8.7-percent market share of the property insurance market in California. The company said it has received more than 7,400 home and auto claims to date. “These numbers will continue ...
These numbers will rise as residents return and assess damage ... Perry wrote on Instagram. The insurance company has sent out the State Farm Catastrophe Response Team, a group handling ...