State Farm, the largest home insurer in California, continues to seek approval of a 22% emergency rate hike even as it faces ...
State Farm gains financial strength in 2024 before wildfires, sees sharp drop in underwriting losses
State Farm’s property-casualty group recorded $6.1 billion in underwriting losses in 2024, sharply lower from $14.1 billion ...
State Farm's financial results improved in 2024, though the Bloomington-based company still posted an underwriting loss of ...
told Lara that it was up to him to request assistance from State Farm’s Bloomington, Ill.-based parent to help keep State Farm financially solvent. “It is a possible request, yes,” he said.
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