The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
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 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, ...
As wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.
State Farm asked California on Monday if it could hike home insurance rates in the state by an average of 22% to address what it has claimed was a potentially “dire situation” related ...
State Farm, California's largest insurance provider, has requested the state's insurance agency for emergency approval of ...
Citing growing wildfire risks due to climate change and rising rebuilding costs, among other factors, State Farm has stopped ...
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...