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State Farm asks California to approve rate hikes

The Wall Street Journal on MSN · 23h

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 last year, adding to the state’s home-insurance crisis.

Fox Business on MSN · 3d

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 received after last month's devastating wildfires.

CBS Los Angeles on MSN · 2d

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 General revealed Monday.

3hon MSN

Consumer Watchdog says State Farm shouldn’t ask Californians to pay more

As State Farm seeks to raise rates in the aftermath of the destructive wildfires in Southern California, one consumer ...

5hon MSN

Allstate says California wildfires to bring company $1.1 billion in losses

Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...

22h

California Asks Insurers to Spare Wildfire Victims ‘the List’

The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...

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