Insurance Insider23h
State Farm blows through CA 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 expands renewal offers to all L.A. County policyholders slated to have been dropped
State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County ...
insurancebusinessmag3d
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 ...
Insurance Insider3d
State Farm has paid out nearly $500mn on California wildfire claims
In a customer advisory, State Farm revealed that so far it has received over 10,100 total home and auto claims and has paid ...
25newsnow6d
State Farm deploying employees to process massive volume of California fire claims
As of Friday, State Farm said they received over 9,800 home and auto claims. The insurer said they have called or contacted ...
Oregon Capital Chronicle2d
California fires show states’ ‘last resort’ insurance plans could be overwhelmed
In the months before thousands of Los Angeles homes went up in flames, property insurance companies dropped coverage in many ...