State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
California's 'Regulatory Failure' Blamed for Wildfire Insurance Disaster
The California insurance crisis laid bare by the Los Angeles fires was fueled by "regulatory failure," economist Nancy ...
State Farm wants an emergency rate hike. Here's what it would mean for the Bay Area
State Farm is asking the state for a key emergency action that would greatly affect rates not only for LA, but also for the ...
State Farm seeks emergency rate increase averaging 22% after L.A. fires
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
AOL4d
State Farm asks for approval to increase California home insurance rates by an average of 22%
Capital is necessary so an insurance company can pay for any future claims for the risks it insures," State Farm General said in an open letter to the California Department of Insurance.
State Farm seeks emergency rate hike after Los Angeles wildfire losses
State Farm seeks a 22% emergency rate increase from California after January wildfires. SACRAMENTO, Calif. — State Farm is ...
USA Today6d
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
"State Farm General’s rate filings raise serious questions about its financial condition," said Gabriel Sanchez, press secretary for the California Department of Insurance, in an email to USA TODAY.
New York Post6d
State Farm asks for 22% home insurance rate hike in California following LA wildfires: ‘Risk is greater’
“State Farm General’s rate filings raise serious questions about its financial condition,” Gabriel Sanchez, press secretary for the California Department of Insurance, told USA TODAY.
NBC Los Angeles6d
State Farm seeks 22% home insurance rate hike after California wildfires
It’s not the proper time to hike up.” According to the California Department of Insurance, State Farm’s request will undergo thorough investigation. “To protect millions of California ...