State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 ...
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
State Farm asks for insurance rate hike of 22 percent after L.A. fires
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
Newsweek on MSN8d
State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
State Farm Asks for ‘Emergency Hike’ in Rates Due to Southern California Wildfires
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
State Farm emergency rate hike request raising alarm bells for some
The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive up the price of coverage for everyone else.
East Bay Times8d
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
Body cam video from Eaton fire shows police officers’ ‘Herculean effort’ to save residents Consumer advocates, meanwhile, are ...
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...
State Farm Seeks an Urgent Increase in California Rates After Fires
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 asks for emergency statewide home insurance rate increase
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