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A State Farm insurance company sign sits amid the rubble of a building destroyed by the Palisades Fire on Sunset Boulevard in the Pacific Palisades neighborhood of Los Angeles on January 16, 2025.
Beginning Saturday, State Farm General Insurance Company will stop accepting new applications including all business and personal lines property and casualty insurance, the company said in a news ...
Now, State Farm is asking the CDI to "immediately approve" a 22% rate increase for non-tenant homeowners, a 15% increase for renters and condo owners, and 38% for rental dwellings.
In early 2009, the State Farm Florida subsidiary, the state's largest insurer, offered to withdraw from writing property insurance business in Florida after state regulators refused to approve a 47% property rate increase. State Farm said that, in Florida, it had paid out US$1.21 in claims for every dollar in premiums since 2000.
State Farm canceled 72,000 policies in California, nearly half of which were for home insurance, Barron’s reported. Allstate stopped selling policies in the Golden State for businesses and ...
The insurance company is no longer offering the same type of insurance in your state. ... Frequently asked questions. Why is my homeowners insurance being canceled?
State Farm's historian claims that "90% of Mecherle's original material is still in the office." [ 7 ] Inside the office are sales receipts dating to 1936 and guest book entries from 1945. Though the office is not open to the public, the company uses it to impart knowledge of the company's past to new employees.
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