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State Farm seeks an emergency insurance rate increase
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 work out to an average increase of 22% for California homeowners,
State Farm asks for more insurance rate increases after Los Angeles fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases.
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 hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
14h
on MSN
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
8h
Critics say State Farm is taking advantage of Los Angeles wildfire tragedies with latest rate hike
Len Ramirez reports on critics calling out State Farm over the company's trying to get its second insurance rate hike since ...
15h
on MSN
Los Angeles fires highlight risk of 'uninsurable future,' experts say
Jewlz and Terry Fahn make up one of thousands of Los Angeles households seeking to recover their losses after the devastation ...
News Nation on MSN
22h
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 ...
1d
on MSN
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 ...
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