State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
As the Golden State faces increasing levels of environmental disasters and wildfires, many insurance companies have raised ...
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...
State Farm is seeking emergency rate hikes of up to 38% for California homeowners, renters and landlords following wildfire ...
Why it matters: State Farm has the most California customers out of any other insurer, according to the company. It expects ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
State Insurance Commissioner Ricardo Lara leaves an Assembly Committee on Insurance hearing on Tuesday, Sept. 17, 2024 at Los Angeles City Hall. (Photo by Sarah Reingewirtz, Los Angeles Daily ...
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...
That’s enough to kick the plan’s strained finances further into crisis mode, increasing the chances that homeowners statewide ...
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 ...
Knight2025 PresidentSanta Barbara Association of Realtors Wildfires are an unfortunate reality in many parts of California, ...
As wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.