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State Farm asks California to approve rate hikes

Fox Business on MSN · 2d

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.

Hosted on MSN · 21m

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.

CBS Los Angeles on MSN · 1d

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.

3don MSN

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 ...

1d

Allstate Expects California Wildfires to Cost $1.1 Billion

In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners-insurance business, up from $21 ...

1d

California's Insurance Crisis Leaves Neighbors Facing Unequal Recovery After Wildfires

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...

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