State Farm Cancellations Hit Bay Area Hard
Areas of West L.A. and the Santa Monica Mountains are also included
Areas of West L.A. and the Santa Monica Mountains are also included
The company cited the increasing risk of wildfires as a reason it won't renew the policies on 30,000 houses and ...
The move follows Allstate and State Farm’s decision to stop issuing new home policies in the Golden State
The news comes after State Farm announced a similar move last month citing rapidly growing catastrophe exposure
The decision is due to increases in construction costs outpacing inflation, rapidly growing catastrophe exposure and a challenging reinsurance market
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