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 General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
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 General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...
State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property ...
the company had received more than 8,700 claims stemming from the fires and had paid more than $1 billion to policyholders. But in a letter to California’s insurance commissioner, State Farm ...