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Largest Home Insurer in US Won’t Accept New Applications for Home or Business Insurance in California

After years of California wildfires, State Farm Insurance says it has been burned once too often. On Friday, the company announced in a release on its website that as of Saturday, it would no longer accept new applications for homeowners insurance in California. “State Farm General Insurance Company made this...

After years of California wildfires, State Farm Insurance says it has been burned once too often. On Friday, the company announced in a release on its website that as of Saturday, it would no longer accept new applications for homeowners insurance in California. “State Farm General Insurance Company made this…

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