State Farm General, California's largest home insurer, has asked state regulators to approve an immediate 22% rate increase ...
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
California's home insurance plan of last resort, designed for people who can't get coverage on the private market, does not have enough money to pay claims from the Los Angeles wildfires and is ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
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 has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...