State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
By 2022, State Farm had more than 20% of the California market, dwarfing its competitors. In 2023, the insurer took in $2.7 billion of home-insurance premiums in the state, more than a third ...
If the increase is approved by the California Department of Insurance, the rate change will be effective upon renewal on or after May 1.
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
Citing what it calls a potentially “dire situation,” State Farm on Monday asked California for permission to hike insurance rates by an average of 22%. In the wake of the Los Angeles-area ...
California’s top ... a former State Farm contractor who has offered her testimony as a whistle-blower in a report about unfair insurance practices, said she believes that the manner in which ...
Our team looked at over 100 of the top auto insurance providers in the U.S., from national providers like USAA, Travelers and State Farm to regional ... companies in California, according to ...
Allstate Insurance says it will pay out $1.1 billion in claims caused by the wildfires that swept through Southern California in January. While the expected payout is significant, Allstate said ...