Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators. Its policyholder surplus — the cash it has on hand to pay out claims — had dropped from more than $4 billion in 2016 down to just $1.
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State Farm cancels planned Super Bowl ad citing Los Angeles area wildfires
State Farm cancels Super Bowl ad over California wildfires
Largest California Insurer Cancels Super Bowl Ad Over Wildfire 'Tragedy'
State Farm, the largest property insurer in California, has canceled its Super Bowl ad because it is focused on responding to the "tragedy" of the LA fires.
State Farm, the largest homeowners insurance company in California, jolted residents last year by announcing it would not renew 30,000 policies. That included about 8,100 homeowners in communities ravaged by the current wildfires, state officials said.
State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County residential policyholders slated to have been dropped, not just those in fire rava
State Farm often runs commercials during NFL games, but the insurance company won’t have an ad presence during Super Bowl 2025 in the wake of the fires that have devastated the Los Angeles
State Farm is canceling a planned commercial by the insurance giant set to run during the 2025 Super Bowl next month, citing the impact of the Los Angeles area wildfires .
LOS ANGELES - State Farm, one of the largest insurers in California, announced Wednesday it will offer policy renewals to homeowners impacted by the wildfires that erupted in the Los Angeles area last week, following previous plans to drop coverage.
Since the wildfires broke out in early January, State Farm’s claims department has fielded over 7,400 home and auto claims, State Farm said.
Following its announcement that it would pause non-renewals for policyholders to ensure coverage for Los Angeles County residents impacted by wildfires, State Farm on Thursday, Jan. 16, reported receiving 7,850 home and auto claims with numbers expected to rise as damages are assessed.
California is typically ranked as the second most expensive state to live in, after Hawaii, with costs averaging around 30% higher than the rest of the U.S., per U.S. News & World Report. The state has the highest individual tax rate and the highest gas tax, 68 cents a gallon in 2024.
The Western Journal on MSN11h
Nevada Residents Furious After Ancient Trees Are Bulldozed to Make Room for ‘Green’ Solar FarmThe Green Revolution has decided that nature needs to go, and some residents of Nevada and California are up in arms about it. “Let’s destroy the environment to save the environment. That seems to be the mentality,
The wildfires devastating residential areas of Southern California aren’t only going to impact those homeowners. Wyoming residents also can expect to
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