California’s largest homeowners insurance company, State Farm, will offer renewals to residential policyholders who’ve been affected by the fires that ravaged Los Angeles County over the past week.
The decision reverses State Farm’s earlier plans to drop thousands of policies in neighborhoods affected by the fires, including Pacific Palisades, where many lost their homes to the flames.
Newsweek contacted State Farm for comment by email on Thursday morning, outside of standard working hours.
Why It Matters
The fires still burning across Los Angeles County have left a path of destruction in Southern California. Thousands of people have been left homeless after their properties were destroyed in the blazes, many of whom faced looming non-renewals from insurers trying to back off from the most at-risk zones in the state…