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 ...
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
State Farm asked California on Monday if it could hike home insurance rates in the state by an average of 22% to address what it has claimed was a potentially “dire situation” related ...
"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an insurance company can pay for any future claims for the risks it insures ...
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 ...
SAN FRANCISCO -- If your home is covered by State Farm, you could face a 22% rate hike. The company sent a letter to the California Dept. of Insurance warning of its 'dire' financial situation in ...
Feb 3 (Reuters) - California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the ...
This request comes just six months after a pending 30% rate hike application, potentially impacting millions of California homeowners.
State Farm has requested emergency rate increases of up to 38% in California, citing wildfire-related losses. Here’s what ...
State Farm is well known for its auto and homeowners insurances. When you request an auto coverage quote, State Farm suggests one of its three levels of protection. You can also select add-ons and ...