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State Farm announced this week it will not renew 72,000 policies in California amid a tight insurance market. State Farm won't renew 72,000 insurance policies in California, worsening the state's ...
The average homeowner’s premium in the state costs over $4,000, compared to the U.S. average of $1,544, according to E&E News, a division of Politico focused on environmental and energy news.
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An administrative law judge at the California Department of Insurance ordered State Farm to issue refunds and reduce rates after being found guilty of overcharging customers by $85 million. [103] The judge concluded that State Farm's premiums for homeowners insurance have been excessively high since July 15, 2015. [104]
The State of California's describes wildfire evacuation COVID-19-related protocols in August 2020. On August 18, San Diego and Santa Cruz were removed from the state watchlist, now consisting of 42 counties. [77] On August 24, Orange, Napa, Calaveras, Mono, and Sierra were removed from the state watchlist. [78]
A state of emergency was declared in the state on March 4, 2020. A mandatory statewide stay-at-home order was issued on March 19, 2020; it was ended on January 25, 2021. [9] On April 6, 2021, the state announced plans to fully reopen the economy by June 15, 2021. [10]
Governor Kathy Hochul recently introduced the idea of New York State’s first-ever Inflation Refund. The measure would deliver about $3 billion in direct payments to around 8.6 million New York ...
State Farm said in its statement that it recognizes government officials and the California Department of Insurance (CDI) for their wildfire loss mitigation efforts. "We take seriously our ...