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.
State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, ...
6hon MSN
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
17hon MSNOpinion
Decades ago, Mayor Karen Bass admitted she knew little about California water policy, so she set out to learn. President ...
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