State Farm will renew policies for California wildfire-hit homeowners, reversing earlier plans to drop coverage.

State Farm, California's largest insurer, will renew policies for homeowners affected by recent Los Angeles wildfires, reversing earlier plans to drop coverage. The decision impacts thousands of policyholders in areas like Pacific Palisades, Brentwood, and Calabasas. The insurer will offer one-year renewals, with two-year renewals for those who suffered total losses. This move follows pressure from the California Department of Insurance.

2 months ago
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