State Farm Insurance is calling the Los Angeles wildfires the costliest disaster in its history of doing business. The ...
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.” ...
A coalition of neighbors is opposing Villa Vanto Farm’s request to plant 8.4 acres of lavender and 5.9 acres of olive trees, and to graze sheep on a 57-acre property, saying they believe it’s a front ...
In a letter dated Feb. 3, State Farm CEO Dan Krause and other executives wrote to Insurance Commissioner Ricardo Lara that the company “needs your urgent assistance in the form of emergency ... to ...
Check out Animal World & Snake Farm ... request would increase total authorized spending by 9% through the state’s main bank account, or about $3.8 billion, including a $230 million supplemental ...
Regulator says it will rule urgently; Consumer Watchdog says insurer must disclose more information to justify an increase.
The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive up the price of coverage for everyone else.
He said State Farm already had a request to the state for a 30 percent increase in June, well before the L.A. fires. "Now that the wildfires have happened," said Rosenfield, "State Farm is trying ...
In a statement, the California Insurance Commission said State Farm General’s request raises “serious questions about its financial condition” and that the agency will “urgently” respond ...
construction costs have gone way up," said Brasler. But critics say State Farm refuses to provide proof it needs the hike. "This request is really outrageous for an emergency increase ...