{"id":16306,"date":"2023-05-31T14:00:22","date_gmt":"2023-05-31T18:00:22","guid":{"rendered":"https:\/\/ifintechworld.com\/news\/state-farm-bans-new-calif-wildfire-insurance-what-it-means-for-all-homeowners\/"},"modified":"2023-05-31T14:00:23","modified_gmt":"2023-05-31T18:00:23","slug":"state-farm-bans-new-calif-wildfire-insurance-what-it-means-for-all-homeowners","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=16306","title":{"rendered":"State Farm bans new Calif. wildfire insurance. What it means for all homeowners."},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002115877\">\n<div class=\"snippet__body\">\n<p>State Farm has stopped accepting homeowner insurance applications in California, citing the growing risk from catastrophes like wildfires and the inflation-fueled costs to rebuild homes and businesses.<\/p>\n<p>The measure is the latest development in what has been a years-long challenge in California: insurance companies dropping homeowners or shunning new business because of the growing risk of wildfires, in particular. Fires that devour wildlife and property development alike have been worsened by the extreme heat and drought brought&#8230;\n    <\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/state-farm-cracks-down-on-california-wildfire-insurance-what-it-means-for-all-homeowners-7e893503?mod=personal-finance\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>State Farm has stopped accepting homeowner insurance applications in California, citing the growing risk from catastrophes like wildfires and the inflation-fueled costs to rebuild homes and businesses. The measure is the latest development in what has been a years-long challenge in California: insurance companies dropping homeowners or shunning new business because of the growing risk [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16307,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[236],"tags":[83],"class_list":["post-16306","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-news","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>State Farm bans new Calif. wildfire insurance. What it means for all homeowners. | iFintechWorld<\/title>\n<meta name=\"description\" content=\"State Farm has stopped accepting homeowner insurance applications in California, citing the growing risk from catastrophes like wildfires and the\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=16306\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State Farm bans new Calif. wildfire insurance. 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