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 ...
Los Angeles Magazine on MSN2h
State Farm Seeks 22% Rate Hike for California Homeowners
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
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 ...
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 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 ...
State Farm asks for insurance rate hike of 22 percent after L.A. fires
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 seeks emergency rate increase averaging 22% after L.A. fires
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
State Farm seeks rate hikes in California to offset wildfire payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...
California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
Bloomberg on MSN7d
State Farm Seeks Emergency California Rate Hike After Fires
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
Wall Street Journal5d
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
After the pandemic, most home insurers were fleeing wildfire-prone areas of California. But State Farm was there—and making a huge bet. It gobbled up market share—and generated substantial ...