The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
Newsweek on MSN10d
State Farm Slammed For Seeking Up to 38% Policy Hike Following WildfiresState Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
Bloomberg on MSN10d
State Farm Seeks Emergency California Rate Hike After FiresState Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
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 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, ...
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...
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 ...
Citing growing wildfire risks due to climate change and rising rebuilding costs, among other factors, State Farm has stopped ...
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