The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
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 ...
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, ...
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