State Farm

California Homeowners Insurance Crisis — More to the Problem than State Farm

A week ago, Weekly Industry News reported that State Farm will no longer be writing homeowners insurance policies in California. At that time, and knowing more would follow, we asked — rhetorically — who would be next. The next is Allstate. The company “officially” announced it will no longer be writing homeowners policies in California. …

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Leaving California — Like a Good Neighbor, State Farm is Gone

News Releases and Bulletins / By Admin

Unlike a good neighbor, as a redone State Farm tag line might say, State Farm is gone. The nation’s largest, and most successful, personal lines insurer will no longer write homeowners and business property-casualty insurance in California. By the way, State Farm is not alone in leaving the California homeowners market. Last year, AIG told …

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Auto Insurers to Stop Writing Policies for KIA & Hyundai

News Releases and Bulletins / By Admin

Progressive and State Farm have announced they will stop insuring some Kia and Hyundai autos. A lack of the anti-theft specifics in models made between 2015 and 2019 is the reason. Matt Moore of the Highway Loss Data Institute (HLDI) said his organization and the Insurance Institute for Highway Safety (IHHS) found there are twice …

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