Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
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, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
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, ...
State Farm General, California’s largest home insurer, asked state officials for an emergency rate hike averaging 22% Monday, saying the Los Angeles County fires have put the company in dire ...
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
One of California’s top property insurers is asking for a double-digit rate hike in the wake of the Southern California ...
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