San Francisco Chronicle coverage of the California home insurance market
Insurers have complained of delays in approving rate increases, but aren't happy with proposed streamlining by the California Department of Insurance.
About 320,320 California homeowners will be affected by the rate changes attributed to wildfire risk.
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However, State Farm will continue to offer personal auto insurance policies in California, the company said.
The announcement is the latest development in what has been a years-long issue in California: insurance companies dropping homeowners because of the growing risk of wildfires.
The ongoing home insurance crisis in California is about to deepen as yet another company has announced its withdrawal from the state over profitability concerns. American National, a...
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Gov. Gavin Newsom in an executive order asked the state's Insurance Commissioner to "take prompt regulatory action to strengthen and stabilize California's marketplace for homeowners insurance," an...
State Farm General Insurance Company®, State Farm’s provider of homeowners insurance in California, will cease accepting new applications including all business and personal lines property and casu...