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Pacific Palisades, California department of insurance
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
Yes, State Farm ended insurance coverage for many in the Pacific Palisades in 2024
State Farm cited “catastrophe exposure” as one reason it wasn’t renewing policies for many Californians, including those in Los Angeles’ Pacific Palisades.
Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild
Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.
California, State Farm and wildfires
State Farm canceled California homeowners’ insurance policies months before wildfires
The insurance company canceled thousands of California homeowners' insurance policies last year in an attempt to avoid "financial failure."
CA wildfire backlash: State Farm, other insurers slammed for dropping coverage
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the state due to regulations that make it hard to price for risk.
California's Largest Insurer Speaks Out About Wildfires
State Farm, which canceled hundreds of policies in Pacific Palisades last summer, is encouraging customers affected by the fires to file damage claims.
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California fires put Los Angeles and outlying areas on high alert: What to know
Los Angeles is reeling from the most destructive wildfires in its history, and firefighters are struggling to contain the ...
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The little-known way some insurers try to stay ahead of wildfires
Insurers hire companies like Wildfire Defense Systems to protect structures. It's an attempt to blunt the economic impact of ...
1d
Pacific Palisades
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
insurancebusinessmag
4h
LA wildfires could cost $20B, doubling estimates
Insurers face up to $20 billion in losses from Los Angeles wildfires, doubling initial estimates. JPMorgan analysts revised ...
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