News

State Farm looks to raise property insurance rates in wake of deadly Los Angeles wildfires
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
Orange County Register8d
State Farm begins emergency insurance rate hearing in wake of Southern California wildfires
State Farm said its finances are strained because of the Los Angeles County fires, from which it expects to pay more than $7 ...
Benzinga on MSN2d
State Farm Seeks Emergency Rate Hike On California Homeowners To Avert Collapse After Historic LA Wildfires
State Farm is seeking approval for an emergency rate hike on California homeowners, according to CNBC. The insurance company ...
Axios on MSN6h
State Farm's "Titanic"-like financial crisis, explained
State Farm, California's largest home insurer, is facing an unprecedented financial crisis following the destructive blazes ...
Hearing begins on State Farm’s home insurance price hike. Here’s what’s been said
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
Troubled State Farm seeking a 39% rate hike for umbrella policies
State Farm, already seeking an emergency 22% rate hike for its basic homeowners insurance, is now asking to raise the price ...
Department of Insurance to hear State Farm's justifications for rate hike as high as 38%
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
In fight over insurance, neighbors crowdsource LA fire contamination data
Los Angeles-area residents whose homes survived the Eaton wildfire in January face a whole different set of struggles to ...
LA Daily News on MSN12d
California’s new fire maps won’t push up insurance rates, industry says
Despite a five-fold increase in state-designated danger zones, private carriers use their own risk templates for determining ...
Sacramento Bee7d
Hearing begins on State Farm’s home insurance price hike. Here’s what’s been said
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires that ravaged the Los Angeles area in January. The request by one of ...