State Farm’s finances were a worry even before L.A. fires. Here’s what we know about its ability to pay claims going forward
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 — ...
State Farm expands renewal offers to all L.A. County policyholders slated to have been dropped
State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County ...
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State Farm's Super Bowl Pullout Part of Shrinking Industry Spend
State Farm's decision to pull its 2025 Super Bowl ad was prompted by the wildfires that continue to impact the Los Angeles area. With the company's absence from the Big Game, no insurance firm is ...
Thousands of Los Angeles homeowners were dropped by their insurers before the Palisades Fire
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
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State Farm Super Bowl commercial pulled amidst California fires, year after Ad Meter win
Los Angeles County Sheriff Robert Luna said Thursday. Large insurers like State Farm have an understandably massive task ahead while residents wrestle with what's being termed an "insurance crisis ...
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State Farm blows through CA reinsurance cover with ~$8bn LA wildfire loss
Sources told this publication that the mutual is facing a loss totalling around $7.91bn from the fires, and it is understood ...
State Farm Pulls Super Bowl Ad: ‘Our Focus Is Providing Support to the People of Los Angeles’
It's unclear how the Super Bowl will otherwise be impacted by the devastating wildfires still raging across Los Angeles ...
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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 ...
What the Los Angeles fires mean for the insurance industry
The recent Los Angeles wildfires have dealt another devastating blow to the insurance industry in California. The financial ...
They Saved 54 Horses From the L.A. Fires — But Lost Their Farm
How the team at Jigsaw Farms came together to save 54 horses during the Pacific Palisades fire in L.A., then lost their ...