As of Saturday, State Farm is longer accepting new applications for homeowner’s insurance in California, attributing that to the growing risk of climate catastrophes like wildfires and also to spiking construction costs.
In the last half-decade, Californians have weathered whiplash from the worst wildfire...
Remains of a home burned in the Camp Fire which destroyed 19,000 structures in the town of Paradise, California. Photo George Wuerthner
State Farm Insurance Company announced it would no longer take on new insurance clients in California due to the rising cost of...
Saturday, May 27, 2023 4:10PMState Farm says it will no longer insure new homes and properties in California due to wildfires and rebuilding costs.The new policy began on Saturday.State Farm says existing customers will not be affected.The company will continue offering auto insurance...
State Farm said Friday, May 26, that it will stop accepting new applications for property and casualty insurance in California, citing rising construction costs and its “rapidly growing catastrophe exposure.”
The policy change for personal and business lines is effective Saturday, May 27, State Farm...
(PRESS RELEASE) NEENAH, WI — Jewelers Mutual Group, the insurance and business solutions provider dedicated to the jewelry industry since 1913, announces an expansion of its business by introducing a new global insurance brokerage called JM Insurance Agency Partners. While Jewelers Mutual remains...
