State Farm Canceled Hundreds of Pacific Palisades Homeowners’ Policies Before Devastating Wildfire Strikes, by Jim Hᴏft

As wildfires ravage Southern California, homeowners in Pacific Palisades find themselves grappling with an unbearable reality: their homes are burning, and their insurance policies—once their safety net—were canceled just months ago by State Farm.

In a move justified by the company as a strategy to avoid “financial failure,” State Farm canceled over 72,000 homeowners’ policies statewide, with Pacific Palisades—a now-charred affluent neighborhood—bearing a significant brunt.

James Woods, a renowned actor and Pacific Palisades resident, summed up the community’s frustration on social media.

“Actually, one of the major insurance companies canceled all the policies in our neighborhood about four months ago,” he wrote. …