State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 ...
State Farm General requested an emergency 22% rate increase in homeowners’ rates to cover losses and to stop its “financial deterioration,” ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
"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," ...
while policyholders in fire zones with total losses can renew for two policy terms, which is required by law, the company said. Since the wildfires broke out last week, State Farm’s claims ...