State Farm pays out nearly $500 million in California wildfire claims
State Farm said that it has paid out close to $500 million in claims following the wildfires that have ravaged the Los Angeles region. As of Jan. 27, the company has processed a total of 10,100 claims for home and auto damage resulting from the fires.
State Farm has paid out nearly $500mn on California wildfire claims
In a customer advisory, State Farm revealed that so far it has received over 10,100 total home and auto claims and has paid out almost half a billion dollars to claimants. In the notice, posted on its web site, State Farm said it had made successful voice-to-voice contact with over 95% of customers who have filed homeowner claims.
Sources told this publication that the mutual is facing a loss totalling around $7.91bn from the fires, and it is understood ...
About 1,600 policies in Pacific Palisades were dropped by State Farm in July, California Department of Insurance spokesman Michael Soller said in an Thursday email to CBS MoneyWatch. An analysis ...
The iconic actor who plays “Jake from State Farm” has been attacked online after the insurance agency canceled policies just ...
Insurance giant State Farm has canceled a Super Bowl ad that was set to air during the big game in February — in part, it said, over the raging wildfires in California. “Our focus is firmly on ...
Following its announcement that it would pause non-renewals for policyholders to ensure coverage for Los Angeles County ...
Homeowners’ insurance has become increasingly difficult to afford and harder to get in California and some other states ...
This coastal valley made famous by the novelist John Steinbeck is sometimes known affectionately as “America’s salad bowl,” though the planting and harvesting is done mostly by immigrants from Mexico.
Any undocumented person arrested in Ventura, Santa Barbara and San Luis Obispo counties would be detained at the Adelanto ICE ...
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