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California home insurance meltdown worsens as State Farm sheds 72,000 policies

California home insurance meltdown worsens as State Farm sheds 72,000 policies
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Boulder creekUnited statesHarvey rosenfieldKarl susmanLos angelesMichael sollerDylan bouscher bay area news groupDepartment of insuranceCalifornia department of insuranceBay area newsState farm generalFarm generalState farmCalifornia departmentDeputy insurance commissioner michaelConsumer watchdog

California s home insurance crisis: What went wrong, how it can be fixed and what owners can do

Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can take now to secure coverage and at lower prices.

United statesSan fernando valleySanta monica mountainsGavin newsomMichael sollerRicardo laraRex frazierDepartment of insuranceInsurance federation of californiaState farm generalInsurance commissioner ricardo laraSustainable insurance strategyPersonal insurance federationFederation president rex

Why are State Farm and others leaving California s home insurance market? Answers for beleaguered homeowners

Major insurers have pulled back from California's homeowners market, citing wildfires, inflation and other challenges. But there are steps at-risk homeowners can take now to secure coverage and at lower prices.

United statesSan fernando valleySanta monica mountainsGavin newsomRex frazierPatrickt fallonRicardo laraMichael sollerDepartment of insuranceInsurance federation of californiaFor the timesState farm generalInsurance commissioner ricardo laraSustainable insurance strategyPersonal insurance federationFederation president rex

State Farm General s credit rating downgraded

AM Best has knocked down the insurer's Financial Strength Rating due to "weak" balance sheet strength

United statesInsurance companyFinancial strength ratingLong term issuer credit ratingState farm general insuranceState farm generalState farmFarm generalCredit ratingAm best

INSURANCE NON-RENEWALS CONTINUE EVEN AS COMMISSIONER RICARDO LARA INTRODUCES REGULATIONS FAVORED BY THE INDUSTRY

INSURANCE NON-RENEWALS CONTINUE EVEN AS COMMISSIONER RICARDO LARA INTRODUCES REGULATIONS FAVORED BY THE INDUSTRY
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United statesBerryessa highlandsLevi sumagaysayDave jonesSevag sarkissianCarmen balberAlisha jucevicRex frazierJoyce kaufmanLos angelesMark friedlanderJohn garamendiRicardo laraDave winnackerAnne wernikoffMichael soller

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