State Farm Seeks an Urgent Increase in California Rates After Fires
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, and the fires will be the costliest in the history of State Farm, the company said.
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm wants to raise homeowner insurance rates by 22 percent average to stanch its “financial deterioration” after the L ...
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State Farm requests 22 percent emergency rate hike after LA firesState Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
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