About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.

State Farm will reverse its cancellation of home and commercial protection policies in 22 Los Angeles counties amid the catastrophe caused by the wildfires.

Following its announcement that it would pause non-renewals for policyholders to ensure coverage for Los Angeles County residents impacted by wildfires, State Farm on Thursday, Jan. 16, reported receiving 7,850 home and auto claims with numbers expected to rise as damages are assessed.

State Farm said that it has paid out close to $500 million in claims following the wildfires that have ravaged the Los Angeles region. As of Jan. 27, the company has processed a total of 10,100 claims for home and auto damage resulting from the fires.

Sources told this publication that the mutual is facing a loss totalling around $7.91bn from the fires, and it is understood that State Farm benefits from around $2.5bn-$4bn of reinsurance cover specifically for Californian risks above an attachment point of $1.5bn.

Insurance company State Farm has canceled plans to air a spot during Super Bowl 59, citing the ongoing fires in Los Angeles as the company’s primary focus.

Wildfires have destroyed around 90 square miles of area around Pacific Palisades, Pasadena and other communities in the Los Angeles and San Diego areas. Over 16,000 buildings have been destroyed, with hundreds of thousands of people forced to evacuate or placed under evacuation orders.

Rather than shoveling out the estimated $7 million required for Super Bowl ad time, State Farm will commit to helping wildfire victims.

PEORIA, Ill. (WMBD) — State Farm will not be advertising during the Super Bowl as originally planned, as their attention will be on helping the people of Los Angeles. State Farm said in a news release sent to WMBD that their main focus is to help their ...

Insurance giant State Farm has canceled a Super Bowl ad that was set to air during the big game in February — in part, it said, over the raging wildfires in California.  “Our focus is firmly on

The Los Angeles Rams turned State Farm Stadium into SoFi Stadium East, transforming the home of the Arizona Cardinals into their house for a night on Monday despite a large presence of Minnesota ...

State Farm announced it will pull its Super Bowl ad and instead focus on its customers who have been affected by the LA wildfires.