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State Farm Wants a Monster Rate Hike in California
California's largest home insurer has some not-great news for homeowners. On Monday, State Farm General, which currently ...
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State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its "financial deterioration," the company wrote ...
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
California homeowners face potential hikes as State Farm defends wildfire rate increase
This request comes just six months after a pending 30% rate hike application, potentially impacting millions of California homeowners.
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CDI says "serious questions" over State Farm's financial condition
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...
State Farm requests 22 percent emergency rate hike after LA fires
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
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, ...