Login

Recent searches

No recent searches

Search options

Not available on saturation.social.
saturation.social is part of the decentralized social network powered by Mastodon.
A small group of people who remember when social media was more social, and less media.

Administered by:

Server stats:

17
active users
Learn more

saturation.social: AboutProfiles directoryPrivacy policy

Hometown: About · View source code · v4.2.17+hometown-1.1.2

Mastodon: AboutGet the appKeyboard shortcutsView source code

Login

#statefarm

0 posts0 participants0 posts today
RationizedInsanity

My name used to be Jake and I changed it to something else for a lot of reasons I won't explain here.

I am kinda glad I did because everyone makes the "Jake from State Farm" reference about every 20 seconds for the rest of your life when your name is Jake, I currently live in LA near Palisades, and now everyone despises State Farm.

Quite glad to not have that attached to my name anymore honestly.

#losangelesfires#humor#statefarm
Replied to Zhi Zhu 🕸️
Zhi Zhu 🕸️

"This dangerous #fire residue contaminated nearly everything in the Hussey’s packed, three-bedroom house: the insulation, carpets, clothing, furniture, even down to the old, chipped drawers in their kitchen, according to two independent experts, who also said it would take weeks of meticulous work to make this space safe again, at a cost of up to $80,000.

#StateFarm, the Hussey’s insurer... disagrees"
washingtonpost.com/climate-env

Text from article: This dangerous fire residue contaminated nearly everything in the Hussey’s packed, three-bedroom house: the insulation, carpets, clothing, furniture, even down to the old, chipped drawers in their kitchen, according to two independent experts, who also said it would take weeks of meticulous work to make this space safe again, at a cost of up to $80,000. State Farm, the Hussey’s insurer and the largest residential carrier nationwide, disagrees that such a level of cleaning and restoration is needed. The company initially gave them about $29,000 to cover all the expenses associated with the smoke damage, including cleaning all their belongings. They are afraid to move back, Janice said, and unable to cover the difference. Her big family “has spent the last year jostling between hotels and apartments until State Farm stopped paying” for their rent in February. In a letter viewed by The Post, the carrier said that since it had paid for restoration , the family’s home should be habitable. Janice and her husband have been squeezing into their daughter’s home since March; Makanalani, her partner and children are in a one-bedroom hotel room. “It’s not right,” Janice shook her head, “how they are treating us.”
ALT
#Hawaii#Wildfires#Insurance
C. Lambeth

Despite their stupid gecko nonsense, #Geico #insurance recently reported a huge jump in quarterly profit on higher premiums.

When asked, insurers *say* it's because of too many claims, but this is not reflected in their earnings reports nor balance sheets. Since 2021, most are even reporting LOWER customer claims. The other big auto insurers, like #Allstate, #AmericanFamily, #StateFarm and #Progressive, have been pulling the same nonsense while making record profits.

#Greed#Capitalism
Lyle Solla-Yates

apnews.com/article/california- “rapidly growing catastrophe exposure” #wildfire #housing #insurance #climate #disaster #statefarm #california

AP NewsState 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. California’s largest insurer is citing soaring costs, the increasing risk of catastrophes like wildfires and outdated regulations as reasons it won’t renew the policies on 30,000 houses and 42,000 apartments. The California Department of Insurance says State Farm will have to answer questions from regulators about its decision. It is not immediately clear whether the department may launch an investigation.
AI6YR Ben

State Farm Insurance: "Update on California"

" Non-renew approximately 30,000 homeowners, rental dwelling, and other property insurance policies (residential community association and business owners)
Withdraw from offering commercial apartment policies with the non-renewal of all of those approximately 42,000 policies"

newsroom.statefarm.com/update-

State Farm General Insurance Company: Update on California State Farm General Insurance Company: Update on CaliforniaBloomington, IL, March 20, 2024 — State Farm General Insurance Company (“State Farm General”) is working to ensure its long-term sustainability in California. In doing so, State Farm General has had to make some difficult but necessary decisions that will impact a portion of our California policyholders as follows:Non-renew approximately 3...
#statefarm#insurance#wildfires
Cindy Weinstein

washingtonpost.com/business/2024/01/01/millennials-keep-living-at-home/ (gifted)

Even if #millenials can afford to buy a house, the fact that the big #insurance companies -- at least in #California -- aren't writing homeowner policies make such an investment really risky. I wish this #WashingtonPost article had mentioned these 2 things: 1) the fact that #StateFarm, #AllState, #Farmers, and #USAA are "putting a pause on these policies" (words used by agent) because of 2) #ClimateChange.

(((Cindy Weinstein)))

washingtonpost.com/business/20

Even if #millenials can afford to buy a house, the fact that the big #insurance companies -- at least in #California -- aren't writing homeowner policies make such an investment really risky. I wish this article had mentioned these 2 things: 1) the fact that #StateFarm, #AllState, #Farmers, and #USAA are "putting a pause on these policies" (words used by agent) because of 2) #ClimateChange.

The Washington PostMillennials have found a way to buy houses: Living with mom and dadBy Julian Mark
nathans :ms_weed:

400M Records Stolen in 2023 State Farm Data Breach, Class Action Lawsuit Says

State Farm faces a proposed class action lawsuit after 400 million records were reportedly accessed and stolen by hackers during an August 2023 data breach.

The 33-page lawsuit alleges State Farm lacked adequate systems and procedures to properly safeguard consumers’ highly sensitive personal data, allowing hackers to use ransomware to steal roughly 400 million records from the insurer’s systems around August 28 of this year. The filing contends that the incident could have been prevented had State Farm properly vetted and monitored its systems.

#StateFarm #Ransomware #DataBreach #Security #InfoSec #InformationSecurity #IT #News

classaction.org/news/400m-reco

www.classaction.org400M Records Stolen in 2023 State Farm Data Breach, Class Action Lawsuit SaysBy Corrado Rizzi
DrBob, Neurologist, 🧠Mechanic

“#ClimateDenialism gets more absurd every day. Fossil fuel companies have long had a financial interest in downplaying climate change, but the companies who have to insure against climate catastrophes are under no illusions because the crisis is hitting them right in the wallet”

#climate #climatechange #nickanderson #counterpoint #globalwarming #Florida #texas #california #desantis #insurance #farmers #StateFarm #allstate
axios.com/2023/06/06/climate-c

AI6YR Ben

Guardian article on #StateFarm #insurance in #California (although, IMHO, the author very incorrectly ties the housing crisis into the #wildfire issues here... the wildland-urban interface is not cheaper to live in, and it's not cheap housing at risk due to wildfires) theguardian.com/commentisfree/

The GuardianClimate risks have made California uninsurable. When will we wake up?By Kate Aronoff
Bennett McIntosh

Anyone know why #StateFarm & now #Allstate pulled out of the #CA home #insurance market entirely, instead of just jacking up premiums on the highest-risk policies?

A 4-BR in The Sunset or a high-rise in downtown LA don't have *zero* #climate exposure, but it's nowhere near what an exburban mcmansion or rural farmhouse would have, right?

Is there something about #california that means they're exposed regardless? The state-run FAIR plan mentioned at the end here? #capol
nytimes.com/2023/06/04/busines

The New York TimesAllstate Is No Longer Offering New Policies in CaliforniaBy Ryan Mac
ExploreLive feeds
About