insurancebusinessmag19d
State Farm stung by LA wildfire claims
Despite temporarily pulling out of 72,000 homeowners’ policies in the state last year, State Farm ... fire. The company has deployed on-site catastrophe teams and local agents, while remote ...
Insurance Insider20d
State Farm receives over 6,700 wildfire claims
State Farm has so far received more than 6,700 claims for home and auto losses from the Los Angeles (LA) wildfires, and anticipates more. The carrier insures 250,000 homes and 880,000 vehicles in ...
reinsurancene20d
State Farm reports over 6,700 claims from LA wildfires
Auto and homeowners insurer State Farm has received more than 6,700 home and auto claims, as of the morning of January 14th ... To recap, extremely critical fire weather conditions started on January ...
insurancebusinessmag7d
State Farm pays out nearly $500 million in California wildfire claims
as reported by Karen Clark & Co. A spokesperson for State Farm said that most of the homeowners claims have been related to fire and smoke damage, with many claims also including requests for ...
Insurance Insider7d
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 ...