state farm wildfires - Search News

State Farm asks for 22% insurance rate hike

The Wall Street Journal on MSN · 17h

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.

Times of San Diego on MSN · 2d

State Farm Asks for 'Emergency Hike' in Rates Due to Southern California Wildfires

The company is seeking rate increases of up to 22% for non-tenant homeowners, 15% for renters and condominium owners, and up to 38% for rental dwellings. Non-tenant homeowners are investors who don’t live in the property they own.

2don MSN

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 ...

2don 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 ...

16h

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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