Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
Opinion
The Pantagraph17mOpinion
Flick Fact: How much has State Farm paid out for those California wildfires?
Answer: As of Feb. 26, the last time State Farm released numbers, more than 11,750 fire and auto claims had been processed, and the company had paid out nearly $2.2 billion to customers. That’s ...
AFRO American Newspapers18h
Is the US becoming uninsurable? How climate change affects insurance costs
Southern California reels from wildfires, causing $250 billion in damages. Insurance costs rise as disasters become more frequent and intense.
State Farm’s California Insurance Crisis Came After Rapid Growth
It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...