State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
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Who owns State Farm Insurance?
State Farm’s headquarters is located in Bloomington, Illinois, United States. State Farm offers a wide range of ...
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State Farm asks for 'emergency' 22% homeowners' insurance rate hike in wake of LA wildfires
SAN FRANCISCO -- If your home is covered by State Farm, you could face a 22% rate hike. The company sent a letter to the California Dept. of Insurance warning of its 'dire' financial situation in ...
Los Angeles Times1mon
State Farm expands renewal offers to all L.A. County policyholders slated to have been dropped
State Farm said Thursday it was expanding an offer to renew residential policies it had intended to drop last year to all Los Angeles County customers. The decision applies to policies held by ...
CNN12d
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire ...
CBS News10d
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could ...
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State Farm Insurance
As of 2024, about 64% of State Farm’s business is auto insurance, and 35% is homeowners insurance. State Farm is one of the U.S.’s largest providers of home and auto insurance, with 94 million ...