State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
State Farm asks for insurance rate hike of 22 percent after L.A. fires
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 seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
LA wildfires: State Farm seeks emergency rate hikes in California
State Farm, California's largest insurance provider, has requested the state's insurance agency for emergency approval of ...
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial ...
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State Farm wants 22% rate increase for California homeowners following LA fires
State Farm has nudged California to immediately approve a 22% rate increase for homeowners in the wake of the devastating Los ...
State Farm Seeks an Urgent Increase in California Rates After Fires
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, ...
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...