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State Farm proposes home insurance price hike
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after premiums were kept artificially low.
State Farm insurance customers worry about affects of requested rate hikes
For the second time in the past six months, State Farm insurance executives, on Monday, requested an emergency rate hike, this time of up to 22%. This comes on the heals of $1B in payouts due to the LA area fires.
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases.
19h
on MSN
State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California ...
1d
on MSN
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
5h
State Farm Seeks Urgent Rate Hike for Wildfire Payouts
NYC’s new transit leader builds a worker-driven strategy, and the latest on Elon’s ‘buyout’ offer to federal workers.
22h
State Farm seeks rate hikes in California to offset wildfire payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...
9h
on MSN
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 ...
7h
State Farm seeks emergency 22% rate increase following the devastating wildfires in Los Angeles
After wildfires ravaged through the Los Angeles area, State Farm is seeking an emergency 22% rate increase. The company said ...
1d
on 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 ...
1d
on MSN
California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
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