State Farm discontinuing 72,000 home policies in California in latest blow to state insurance market
apnews.com/article/california-wildfires-state-farm-insurance-149da2ade4546404a8bd02c08416833b
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| Last Updated | Mar 23 |
| Total Articles | 9 |
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State Farm won’t renew 72,000 insurance policies in California: State Farm announced this week it will not renew 72,000 policies in California amid a tight ...
latimes.com/california/story/2024-03-23/state-farm-wont-renew-72-000-insurance-policies-in-california-worsening-the-states-insurance-crisis
State Farm's latest move makes thousands of customers angry (and looking for new insurance)
trib.al/okJILln
Catastrophe modeling proposal would reshape California’s home insurance: The plan is part of yearlong effort to overhaul regulations and ease the insurance ...
mercurynews.com/2024/03/21/commissioner-unveils-plan-for-home-insurers-to-base-rate-hikes-on-catastrophe-prediction-models/
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State Farm won’t renew 72,000 insurance policies in California: State Farm announced this week it will not renew 72,000 policies in California amid a tight ...
latimes.com/california/story/2024-03-23/state-farm-wont-renew-72-000-insurance-policies-in-california-worsening-the-states-insurance-crisis
State Farm's latest move makes thousands of customers angry (and looking for new insurance)
trib.al/okJILln
Catastrophe modeling proposal would reshape California’s home insurance: The plan is part of yearlong effort to overhaul regulations and ease the insurance ...
mercurynews.com/2024/03/21/commissioner-unveils-plan-for-home-insurers-to-base-rate-hikes-on-catastrophe-prediction-models/
State Farm shedding 72,000 home insurance policies in California: It cited rising costs, increasing catastrophe risk and outdated regulations as it cancels ...
ocregister.com/2024/03/21/california-home-insurance-meltdown-worsens-as-state-farm-sheds-72000-policies/
California insurance crisis: State Farm won’t renew 72,000 policies: State Farm stopped writing new homeowners policies in California last year ...
sfchronicle.com/california/article/state-farm-insurance-nonrenewals-19357533.php
Paid articlePaid
State Farm Cuts 72,000 California Policies, Citing Wildfire Risk: State Farm General Insurance Co. will cut about 72,000 policies in California beginning in July ...
bloomberg.com/news/articles/2024-03-22/state-farm-cuts-72-000-california-policies-citing-wildfire-risk
Paid articlePaid
State Farm To Exit Homeowner Renewal Policies in California: State Farm plans to send non-renewal notices to 72,000 home and apartment policyholders starting ...
kiplinger.com/personal-finance/home-insurance/state-farm-to-exit-homeowner-renewal-policies-in-california
US insurers use drone photos to deny home insurance policies: Of course, it helps if you don't live in a potential disaster zone
theregister.com/2024/04/08/us_insurers_drones/
California regulator’s ‘forced marriage’ with insurers: California Insurance Commissioner Ricardo Lara is trying to get property insurers to remain in the state ...
politico.com/news/2024/04/09/california-regulators-forced-marriage-insurers-climate-wildfires-00151437
The home insurance market is crumbling. These owners are paying the price: The home insurance market is crumbling in New Orleans, leaving Alfredo Herrera with ...
cnn.com/2024/03/29/economy/home-insurance-prices-climate-change/
Paid articlePaidQuick Glance: Rising Premiums: Challenges in the Home Insurance Market
- The home insurance market in New Orleans is crumbling, leading to rising premiums. Alfredo Herrera, a local bank employee, faced difficulties after his insurer canceled his coverage. This situation is attributed to climate change and the more frequent and severe weather extremes it causes.
- Many homeowners in Louisiana and other vulnerable areas have had similar experiences. The increasing insurance costs are due to higher expenses for insurers, including severe storms and higher replacement costs. This results in even homeowners in less risky areas paying higher premiums.
- In some areas, insurers have stopped issuing policies due to climate change, resulting in limited options for homeowners. Additionally, rising costs for home replacements and challenges in obtaining insurance have led some homeowners to forgo insurance coverage.
- Rising premiums are burdening homeowners like Diana Troxell in California, who are struggling to cope with significant premium increases. The situation has led to financial difficulties for some homeowners, forcing them to resort to state-supported insurance plans to obtain coverage.
California map: ZIP codes State Farm won’t renew insurance policies: State Farm is set to drop 30,000 home insurance policies in some California ZIP codes ...
sfchronicle.com/projects/2024/ca-statefarm-nonrenewal-map/
California’s firefighters can’t get fire insurance: “We can't get fire insurance at a fire station that’s going to be manned by firefighters ...
politico.com/news/2024/04/11/californias-firefighters-cant-get-fire-insurance-00151891
US Home Insurance, Real Estate Markets Teeter on Financial Crisis: “Last resort” state home insurance programs are taking on trillions of dollars in risk as ...
bloomberg.com/features/2024-home-insurance-real-estate-crisis/
Allstate could start new California home insurance policies: Allstate said it plans to resume writing policies “in nearly every part of California” once new ...
sfchronicle.com/california/article/allstate-home-insurance-19419045.php
Getting S.F. building permits is arduous process. That's democracy: Readers also comment on Nike’s revealing women’s track uniform, climate change and ...
sfchronicle.com/opinion/letterstotheeditor/article/sf-building-permits-nike-climate-change-19410435.php
California insurance crisis: Two more insurers withdraw from state: Tokio Marine America Insurance Company and Trans Pacific Insurance Company said in state ...
sfchronicle.com/california/article/home-insurance-withdraw-19408863.php
This Is How Much it Costs to Go to March Madness: You can save by budgeting, booking early, shopping around for accommodations and taking advantage of free ...
money.usnews.com/money/personal-finance/family-finance/articles/this-is-how-much-it-costs-to-go-to-march-madness
California commissioner, Farmers CEO ‘look outside’ for answers to insurance crisis
ocregister.com/2024/04/12/california-insurance-chief-farmers-ceo-look-outside-for-answers-to-insurance-crisis/
Bel-Air, Pacific Palisades residents lose insurance as State Farm exits: Thousands of Californians who won’t see their home insurance renewed by State Farm this ...
latimes.com/california/story/2024-04-10/westside-l-a-hit-hard-as-state-farm-cancels-home-insurance
Elvis Presley's Cadillac, the Batmobile and the most expensive car sold at 2024 Mecum auction
azcentral.com/story/entertainment/events/2024/03/11/mecum-auction-2024-glendale-elvis-presley-cadillac-eldorado-sold/72933201007/
Are California homeowners getting any insurance breaks for beefing up their property to protect against wildfires?
mercurynews.com/2024/04/01/are-homeowners-getting-any-insurance-breaks-for-beefing-up-their-property-to-protect-against-wildfires/
Why are State Farm and others leaving California's home insurance market? Answers for beleaguered homeowners
latimes.com/business/story/2024-03-29/californias-insurance-crisis-what-went-wrong-whats-being-done-to-fix-it-and-how-homeowners-can-help-themselves
California home insurance exodus pushes state’s last-resort backup plan toward insolvency
mercurynews.com/2024/03/23/california-home-insurance-exodus-pushes-states-last-resort-backup-plan-toward-insolvency/
California insurance crisis: Five homeowners’ nightmare stories: Californians are struggling to keep up with rising prices and shrinking availability of home ...
sfchronicle.com/california/article/california-insurance-crisis-five-homeowners-18654318.php
Paid articlePaid Allstate hikes car insurance prices 30% in California: Allstate ended its pause on direct sales of auto insurance policies in California ...
sfchronicle.com/climate/article/allstate-car-insurance-18665199.php
Paid articlePaid Can California's last-resort home insurer handle the demand?: California's property insurer experiences enrollment surge, raising questions about its financial ...
latimes.com/california/story/2024-03-15/californias-home-insurer-of-last-resort-sees-enrollment-surge-raising-concerns-over-its-finances
Insurers such as State Farm and Allstate are leaving fire- and flood-prone areas. Home values could take a hit
cnbc.com/2024/02/05/what-homeowners-need-to-know-as-insurers-leave-high-risk-climate-areas.html
Caitlin Clark receives custom vest from Kristin Juszczyk - ESPN: Clark was presented the piece after breaking the NCAA Division I scoring record against No ...
espn.com/womens-college-basketball/story/_/id/39649472/caitlin-clark-kristin-juszczyk-vest
Climate Disasters Prompt Another Home Insurance Company to Leave a State: The Hartford Financial Services Group is the latest insurer to say it won’t offer new ...
subscriber.politicopro.com/article/eenews/2024/01/26/another-insurer-steps-back-from-california-adding-to-coverage-crunch-00137968
Another insurer won't issue new home policies in California: The Hartford Financial Services Group will stop offering new California homeowners policies in ...
sfchronicle.com/california/article/hartford-insurance-leaves-18624804.php
| Edmonton Journal: California drivers are facing steep price increases and challenges securing insurance coverage. It should serve as a cautionary tale.
calgaryherald.com/opinion/columnists/opinion-is-alberta-following-californias-path-on-auto-insurance
California should require insurances to cover homeowners who protect property, advocate says
sacbee.com/news/politics-government/article284088443.html
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