The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive ...
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
State Farm General, already facing financial peril before the Los Angeles wildfires, has asked state insurance regulators to ...
You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance ...
State Farm Insurance is calling the Los Angeles wildfires the costliest disaster in its history of doing business. The ...
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
State Farm seeks a 22% emergency rate increase from California after January wildfires. SACRAMENTO, Calif. — State Farm is ...
Absent access to the needed data, Consumer Watchdog’s preliminary calculations show that State Farm would have to pay out roughly $9 billion to justify a 22% increase.
This request comes just six months after a pending 30% rate hike application, potentially impacting millions of California homeowners.