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The Latest Breaking News from State Farm

How Big Insurance’s Investment in Fossil Fuels Came Back to Bite It

In a vicious cycle, the sector’s financing of oil and gas is having an impact on its bottom line.

Capital & Main

No Home, No Insurance: The Double Hit From Los Angeles Fires

As he looks at the ruins of his home razed when deadly fires tore through the Los Angeles area, Sebastian Harrison knows it will never be the same again, because he was not insured.

International Business Times

State Farm makes major policy change amid LA fires outrage

The insurance giant just unveiled a crucial update to a controversial policy.

The Street

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read the most diverse news in one place.

LA wildfires: Is insurance the next battlefront for California residents?

Before the Los Angeles wildfires, insurers such as State Farm started to pull out of fire-prone California.

Al Jazeera

State Farm To Offer Policy Renewals For LA Wildfire Victims

State Farm Insurance commits to renew policies for homeowners affected by LA wildfires, providing stability and support.

Top News

‘A ton of unknowns’: months ago, LA residents lost wildfire insurance. Then the fires came

After insurers like State Farm dropped policies, to switch to the state’s Fair plan was prohibitively pricey for many

The Guardian - US

Los Angeles Wildfires Spark Housing Crisis as Rents Soar and Price Gouging Grows

The insurance landscape is also a growing concern for homeowners, as insurers withdraw from high-risk areas, leaving homeowners without coverage or facing higher premiums.

Latin Times

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California's Insurance Regulation Fixes Came Too Little, Too Late

Decades-old, voter-approved restrictions on insurers raising premiums have created a regulatory disaster to match the natural one.

Reason

Thousands of Californians Uninsured: What Happens When Wildfires Destroy Their Homes?

Although insurers have been dropping coverage for California homeowners for years, new rules announced weeks ago will mandate them to offer policies in high-risk regions.

International Business Times UK

All eyes are on State Farm’s next move as wildfires rip through Los Angeles

State Farm announced it would end coverage for 72,000 homes and apartments in the state earlier this year.

Fortune

California bars insurers from dropping fire victims until 2026. What to know

As the Palisades and Eaton fires wreak havoc on Los Angeles, the state insurance commissioner is taking action to protect home insurance policy owners

The Independent UK

Insurers Could Face $20 Billion In Loses From California Wildfires, Double Original Estimates

The blazes, which have killed at least 10 people, are scorching some of the most expensive communities in the United States, home to movie stars' multi-million mansions

International Business Times

After the fire, the insurance battles: LA victims’ ordeal may just be beginning

‘Now we have to make sure there’s not a second, financial tragedy that follows the physical catastrophe,’ says consumer advocate

The Guardian - US

Are insurers done with California?

State Farm and others have stopped writing policies in the state, citing rate hikes, inflation and risk

Salon

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Fortune

Victims of the Pacific Palisades fire face another harsh reality: No insurance to rebuild

Insurers have been cutting coverage for thousands of homeowners across the neighborhoods most affected by this week's California wildfires.

Reason

A Failed State

Plus: Israeli hostage update, ultraprocessed childhoods, and more...

Investors Business Daily

California Fires Update: Insurance Stocks Dive As Loss Estimates Double

The Palisades fire is the worst in Los Angeles city history. Some utility and insurance stocks are starting to react.

Investors Business Daily

California Wildfires: These Insurers Most Exposed, JPMorgan Estimates $10 Billion In Insured Losses

These insurers are most exposed, but damages should be "manageable" a JPMorgan analyst estimates.

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USA Today Sports Media Group

Chiefs Andy Reid, Patrick Mahomes star in State Farm’s blooper take of ‘Bundle-Rooski’

Kansas City #Chiefs Andy Reid, Patrick Mahomes star in State Farm's blooper take of 'Bundle-Rooski' | @EdEastonJr

USA Today Sports Media Group

What Trey McBride did in community to earn Walter Payton Man of the Year from Cardinals

Check out the cool things Trey McBride has done in the community.

USA Today Sports Media Group

Caitlin Clark makes a very funny rookie move in her latest State Farm commercial

Rookie move!

The Street

How you can buy car insurance now

Several simple methods exist for consumers to purchase auto coverage.

USA Today Sports Media Group

Chiefs Andy Reid teaches Patrick Mahomes the ‘Bundle Rooski’ in the latest State Farm commercial

Kansas City #Chiefs Andy Reid teaches Patrick Mahomes the ‘Bundle Rooski’ in the latest State Farm commercial | @EdEastonJr

Sports Illustrated

Aidan Hutchinson Reveals What the Best Part About Playing for Dan Campbell Is

The NFL sack leader boasted about his head coach when speaking to Sports Illustrated.

Zenger

Veritone’s NCAA Partnership Helps Athletes Score NIL Deals

An AI-powered solution for student athletes to better access their own footage is revolutionizing how Name, Image and Likeness (NIL) deals are monetized

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