SACRAMENTO, Calif. — State Farm will discontinue coverage for 72,000 houses and apartments in California starting this summer, the insurance giant said this week, nine months after announcing it would not issue new home policies in the state
“This decision was not made lightly and only after careful analysis of State Farm General’s financial health, which continues to be impacted by inflation, catastrophe exposure, reinsurance costs, and the limitations of working within decades-old insurance regulations,” the company said in a statement Wednesday.
The California Department of Insurance said State Farm will have to answer question from regulators about its decision to discontinue coverage.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
Similar News:คุณยังสามารถอ่านข่าวที่คล้ายกันนี้ซึ่งเรารวบรวมจากแหล่งข่าวอื่น ๆ ได้
State Farm discontinuing 72,000 home insurance policies in California in latest blow to state marketInsurance giant State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer
แหล่ง: sdut - 🏆 5. / 95 อ่านเพิ่มเติม »
State Farm discontinuing 72,000 home policies in California in latest blow to state insurance marketInsurance giant State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer. The announcement this week comes nine months after the Illinois-based company said it would not issue new home policies in the state.
แหล่ง: AP - 🏆 728. / 51 อ่านเพิ่มเติม »
State Farm discontinuing 72,000 home policies in California in latest blow to state insurance marketInsurance giant State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer.
แหล่ง: ksatnews - 🏆 442. / 53 อ่านเพิ่มเติม »
State Farm discontinuing 72,000 home policies in California in latest blow to state insurance marketInsurance giant State Farm says it will discontinue coverage for 72,000 houses and apartments in California starting this summer.
แหล่ง: wjxt4 - 🏆 246. / 63 อ่านเพิ่มเติม »