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State Farm seeks 22% emergency rate hike

The Wall Street Journal on MSN · 1d

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.

Orange County Register on MSN · 4d

State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims

State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its “financial deterioration,” the company wrote in a letter filed with the state’s insurance commission.

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 ...

10hon 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 ...

4don MSN

California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’

State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...

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