State Farm to pull out of 72,000 California insurance policies

/ Owner - March 21, 2024

State Farm General Insurance Company has announced that it will non-renew approximately 30,000 California homeowners, rental dwelling, and other property insurance policies.  If you recall, last May, the insurer halted new homeowners policies being issued in the state, citing exposure related issues and a challenging reinsurance market environment.   Read the article…………………………….

 

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