Farmers becomes latest carrier to limit new homeowners’ business in California
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.


Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement

Farmers becomes latest carrier to limit new homeowners’ business in California

California wildfire smoke Farmers.jpg

Farmers has announced that it will limit new homeowners’ policies in California, making it the latest carrier to reign in its capacity amid a struggle to remain profitable in the state.

“With record-breaking inflation, severe weather events, and reconstruction costs continuing to climb, we are focused on serving our customers while effectively managing our business,” a Farmers spokesperson told Inside P&C.

“Effective

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Gift this article