Posted inBusiness

State Farm Halts Issuing New Home Insurance Policies in California

By Naveen Athrappully Insurance company State Farm is halting new property insurance policies in the state of California as the firm battles inflationary pressures and increasing exposure to wildfire risks. In California, State Farm will “cease accepting new applications including all business and personal lines property and casualty insurance, effective May 27, 2023,” the firm […]