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, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...
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, ...
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire ...
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
The state’s largest home insurance company, State Farm wants to raise its rates. The company said it’s in a dire financial ...
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