California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...

"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...

State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its "financial deterioration," the company wrote ...

State Farm, the largest insurance company in California, asked the state Monday for an emergency 22% rate increase for ...

You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance ...

"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an insurance company can pay for any future claims for the risks it insures ...

The insurer, which had previously issued warnings about its financial stability, said the increases are necessary to ensure it can continue to pay out claims ... other property insurance policies in ...

Citing what it calls a potentially “dire situation,” State Farm ... after claims and administrative overhead – equivalent to more than 10% of the surplus held by the entire property ...

As a former claims handler and fraud investigator ... regardless of house rebuilding costs. State Farm agents will be knowledgeable about the company’s products but won’t help you compare ...

A couple whose home burned down in the Palisades Fire had just lost their insurance coverage for the property.

South Africa’s second biggest political party has launched a legal challenge against a new land expropriation law that was ...