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State Farm asks for 22% insurance rate hike
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 challenges.
Will Southern California's wildfires drive up Arizona homeowners insurance rates?
Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs skyrocketed more than 62%.
State Farm Seeks Rate Hikes in California to Offset Wildfire Payouts
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 company is making after devastating wildfires in Los Angeles last month.
21h
on MSN
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 ...
Indianz
2h
Native America Calling: Rising home insurance rates put more Native Americans at risk
Native people already have the highest uninsured rate among homeowners. Changes in the industry could make it even worse.
13d
Asheville homeowners' insurance rate to increase 9%; 'Difficult to speculate' on Helene's impact
The North Carolina Department of Insurance has announced that Buncombe and Henderson counties will see substantially lower ...
News Nation on MSN
1d
State Farm requests 22 percent emergency rate hike after LA fires
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
WUNC
11d
Q&A: Why average statewide rate for NC homeowners insurance to increase by 7.5% on June 1
The North Carolina Department of Insurance announced the new rates last Friday. The insurance industry says inflation and ...
11h
California's Insurance Crisis Leaves Neighbors Facing Unequal Recovery After Wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
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