State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
State Farm warns of ‘dire’ financial situation in California, asks for ‘emergency’ rate hike
State Farm General, already facing financial peril before the Los Angeles wildfires, has asked state insurance regulators to ...
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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 ...