Saturday, March 23, 2024

State Farm Discontinuing 72,000 Home Policies in California in Latest Blow to State Insurance Market

State Farm Discontinuing 72,000 Home Policies in California in Latest Blow to State Insurance Market
"...Last June, State Farm said it would stop accepting applications for all business and personal lines of property and casualty insurance, citing inflation, a challenging reinsurance market and “rapidly growing catastrophe exposure.”...

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