State Farm Insurance is calling the Los Angeles wildfires the costliest disaster in its history of doing business. The ...
State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 ...
This request comes just six months after a pending 30% rate hike application, potentially impacting millions of California homeowners.
You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California ...
Insurance providers could charge policyholders a “supplemental fee” if the state’s insurer of last resort runs out of money.
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.
The 1945 McCarran-Ferguson Act enshrines state regulatory authority over insurance. This system has worked relatively well over 80 years. But some states have done a better job of managing their ...
WHICH INSURANCE COMPANIES HAVE THE MOST EXPOSURE IN CALIFORNIA? State Farm and its agents and employees are "all focused on helping customers impacted by the Southern California wildfires in the ...
State Farm expects those numbers to increase as residents return and assess damage. Last March, State Farm announced plans to drop about 30,000 property insurance and 42,000 commercial apartment p ...