State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
Newsweek on MSN11d
State Farm Slammed For Seeking Up to 38% Policy Hike Following WildfiresState Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
State Farm seeks urgent insurance rate increases, citing financial strain from LA fires and market challenges.
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