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EDGEMAN
Joined: 01/05/2001
Posts: 168,772
Likes: 91,004
EDGEMAN
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More bad news for California

State Farm, California's largest insurance provider, announced it would not renew insurance policies for approximately 72,000 homes and apartments in the state beginning this summer. In March, State Farm stated that it would discontinue coverage for around 30,000 homes and 42,000 apartments, citing surging costs, increasing risks of disasters such as wildfires, and outdated insurance rules as reasons for terminating the policies, per the Associated Press.
Link: Click for the article!
Posted: 05/05/2024 at 07:13 AM ET

Thread Replies (33)

Full Thread →
More bad news for California ◄
EDGEMAN • 05/05/24 07:13 AM ET
I guess state farm is not there **
MaroonMark • 05/05/24 05:38 PM ET
Just like Florida**
Hokebury • 05/05/24 02:38 PM ET
Like a good neighbor, State Farm isn’t there.**
scoop76cs • 05/05/24 12:55 PM ET
Slightly OT but I wonder
Vippie1 • 05/05/24 12:19 PM ET
Quick glance at State Farm's 2022 income statement
Tafkam Hokie • 05/06/24 10:17 AM ET
Insurance probably doesn't have a huge turnover ratio. We've been with
UTPr0sim • 05/06/24 10:32 AM ET
State Farm was the highest quote I've ever gotten for Auto Ins**
HokieR • 05/05/24 02:37 PM ET
Depends on how many nuggies Andy Reid eats on set during the shoot.**
HwoodHokie • 05/05/24 12:49 PM ET
My NC house on the coast is getting crazy
turkeywinghokie • 05/05/24 11:57 AM ET
yeah i am one of them
MrBayAreaHokie • 05/05/24 11:52 AM ET
Those evil corporations putting profit over paying out claims...**
ColoVT82 • 05/05/24 11:19 AM ET
We should make them go bankrupt so they can’t pay out a dime!
WestEndHokie39 • 05/05/24 08:07 PM ET
I see a bright future for the budding Insurance for Insurance industry.**
MikeVT85 • 05/05/24 11:01 AM ET
If your read it you'll see its also happening in Florida. Insurers don't
UTPr0sim • 05/05/24 08:59 AM ET
Insurers are also changing their overall business model with their newfound
Tafkam Hokie • 05/06/24 10:05 AM ET
We already knew it was happening in Florida
EDGEMAN • 05/05/24 12:53 PM ET
It's apparently a coastal thing.**
PhotoHokieNC • 05/05/24 09:05 AM ET
Of course insurance is the biggest scam in history. They insurers don't
UTPr0sim • 05/05/24 09:09 AM ET
Like HR, insurance companies are NOT your friend.
GSOHokie01 • 05/05/24 09:58 AM ET
Here's an interesting 'family' account of insurance....
Vtskier1 • 05/05/24 09:36 AM ET
DAMN..sounds like they pulled a Putin on him!**
HOKIERIT • 05/05/24 02:41 PM ET
More like a Boeing... **
Burruss Writer • 05/06/24 10:58 AM ET
Here's another article.... **
Vtskier1 • 05/05/24 03:54 PM ET
We certainly thought so.... **
Vtskier1 • 05/05/24 03:47 PM ET
"Oh, we're movin' on out, to the east coast, to that de-luxe insurance ..."**
PhotoHokieNC • 05/05/24 07:52 AM ET
The insurance commissions in California, Texas, and Florida are some of
Stork • 05/05/24 07:49 AM ET
Actually heard the CEO of Markel Insurance speak about that at Rotary last>
HOKIERIT • 05/05/24 08:38 AM ET
I’ve sued Markel related insurers a number of times……
CrystalCoveHokie • 05/05/24 10:30 AM ET
Oh hell yeah.. i KINOW they are in the business to NOT pay claims. I am->
HOKIERIT • 05/05/24 02:26 PM ET
If the old tire and wheel are still available give them access to them**
CrystalCoveHokie • 05/05/24 03:29 PM ET
I have texted my service advisor to hang on to them. Hope they did!**
HOKIERIT • 05/05/24 05:25 PM ET
Cousin has a home in Paradise, Ca. During the fire a few years ago
Tuckahokie • 05/05/24 07:44 AM ET
Same game plan they deployed in FL**
ME Hokie 07 • 05/05/24 07:29 AM ET