Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
12h
Los Angeles Magazine on MSNState Farm Seeks 22% Rate Hike for California HomeownersState Farm General, California's largest home insurer, has asked state regulators to approve an immediate 22% rate increase ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
Bloomberg on MSN7d
State Farm Seeks Emergency California Rate Hike After FiresState Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...
State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, according to the company. The insurer expects to pay out significantly more, ...
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
7don MSN
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
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