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State Farm proposes home insurance price hike

Washington Examiner on MSN · 20h

State Farm proposes home insurance price hike after $1 billion spent on LA fire claims

State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 billion in claims due to the Los Angeles fires. As the largest home insurance company in the United States,

The Washington Post on MSN · 1d

State Farm asks for insurance rate hike of 22 percent after L.A. fires

State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in the history of the company.”

Hosted on MSN · 17h

State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA

State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA - Climate-fueled wildfires have led many insurers to pull out of the Golden State in recent years

1don MSN

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 ...

insurancebusinessmag20h

CDI says "serious questions" over State Farm's financial condition

State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...

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