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State Farm asks for insurance rate hike of 22 percent

The Washington Post on MSN · 5h

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.”

CBS Los Angeles on MSN · 6h

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 officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners, State Farm General revealed Monday.

CNN on MSN · 7h

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.

5hon MSN

Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.

While there has been a growing crisis in insurance for years, the scale and scope of the Los Angeles wildfires brings the ...

Does Your Home Insurance Cover Wildfire Destruction?

Landscaping around the property is equally important. CalFire recommends removing vegetation within five feet of windows and ...

New Orleans to see 'skyrocketing' insurance costs in coming decade, new report says

A new report from First Street Foundation suggests that New Orleans will see some of the nation's highest increases in ...

13hon MSN

How to deal with fresh health insurance deductibles in the new year

Many Americans with high-deductible health insurance plans face a cold reality at the start of every year. Those deductibles ...

3d

WA insurance costs keep rising. What can the new commissioner do?

Home, auto and health insurance rates are on the rise. Here's what insurance commissioner Patty Kuderer says her office can ...

4hon MSN

Wait Chappell, Do Artists Really Not Have Health Insurance?

Do artists not have health insurance? After Chappell Roan's speech at the Grammys, we asked experts to weigh in on the topic.

16hon MSN

CT long-term care insurance prices are skyrocketing. Here’s what to know.

Prices are soaring due to miscalculations by insurers on how long people would live, the price of care and how many would ...

News10NBC Investigates: Insurance company records 1 damage claim as 2, leaves Webster homeowner uninsurable

A Webster man says his insurance company denied his claim for dock damage from high water storms in 2019, saying he filed two ...

11h

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 ...

Etihad Credit Insurance joins the KYC Blockchain Platform

Etihad Credit Insurance (ECI), the UAE Federal export credit company, joined the KYC Blockchain Platform, marking a first for ...

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