Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance ...
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
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, ...
FOX 11 Los Angeles on MSN10d
State Farm looking to increase rates for homeowner policies by 22% following LA firesState Farm filed a request with the state Monday for an emergency 22% rate hike for homeowner policies, calling the increase essential to stave off a "dire situation" for customers and the insurance ...
State Farm seeks urgent insurance rate increases, citing financial strain from LA fires and market challenges.
10d
NBC Los Angeles on MSNState Farm seeks 22% home insurance rate hike after California wildfiresAs wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.
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