In the wake of the ongoing wildfires crisis, State Farm has temporarily halted its homeowner non-renewal policies in Los Angeles County. USA Today reports this reversal of corporate strategy will only apply to residents whose policies had not lapsed by Jan. 7, when...
A growing number of California real estate agents are reporting the collapse of transactions because buyers are unable to obtain affordable homeowners’ insurance. A new survey by the California Association of Realtors membership found 13.4% of respondents admitting at...
State Farm General Insurance Co. announced it will not be renewing 72,000 property insurance policies in California. In a statement on its website, the Bloomington, Illinois-headquartered carrier stated it “had to make some difficult but necessary decisions that will...
Slide Insurance, a Tampa-headquartered insurtech focused on homeowners insurance, announced the closing of a $35 million senior credit facility with Regions Bank. The credit facility builds on the funding Slide secured in its $105 million venture-back series A round...
State Farm General Insurance Co. has ceased accepting new applications in California for business and personal lines property and casualty insurance, effective May 27. In an unattributed press statement, the company said it “made this decision due to historic...
xAI-Linked Company Reportedly Targets 418 Mississippi Homes Amid Noise Laws…
