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California, State Farm
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 story of contrasting fortunes and unequal recovery, a stark reflection of the nation’s growing home insurance crisis.
State Farm Seeks Emergency Insurance Rate Hikes in California After Wildfires
State Farm has requested emergency rate increases of up to 38% in California, citing wildfire-related losses. Here’s what homeowners need to know.
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.
LA wildfires highlight nation’s insurance crisis as homeowners try to recover lost homes
The nation’s growing home insurance crisis is in the spotlight as California homeowners begin the long road to rebuilding after the deadly Eaton and Palisades wildfires.
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
State Farm seeks 22% rate hike for California homeowners to cover La wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
State Farm Asks for ‘Emergency Hike’ in Rates Due to Southern California Wildfires
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation for our customers and the insurance market in the state of California," State Farm said in a filing to the regulator.
LAist on MSN
1d
State Farm, California’s largest fire insurance provider, is pushing for rate increases
Why it matters: State Farm has the most California customers out of any other insurer, according to the company. It expects ...
3d
on MSN
California nurse says fire insurance on her 90-year-old parents’ home of 75 years was canceled right before LA wildfires — so she stepped up to defend it
Armed with nothing more than a garden house, ER nurse Lynn Levin Guzeman tried to save her parents’ home of 75 years from ...
Mansion Global
14h
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
13h
on 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 ...
Santa Barbara Independent
1d
Understanding Fire Insurance and Coverage
Knight2025 PresidentSanta Barbara Association of Realtors Wildfires are an unfortunate reality in many parts of California, ...
13h
on MSN
Los Angeles fires highlight risk of 'uninsurable future,' experts say
Soon after wildfires broke out in Los Angeles, California, earlier this month, Jewlz Fahn received a panicked call from her ...
5d
on MSN
State senator retains key role over fire insurance laws despite cannabis corruption probe
Although her name has surfaced in connection with a federal investigation into corruption by local officials in Baldwin Park, ...
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