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State Farm asks for 22% insurance rate hike
State Farm Asks for 'Emergency Hike' in Rates Due to Southern California Wildfires
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation for our customers and the insurance market in the state of California," State Farm said in a filing to the regulator.
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.
State Farm seeks 22% home insurance rate hike after California wildfires
As wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.
justthenews
3d
State Farm, CA’s largest property insurer, demanding 22% rate hike after fires and huge losses
State Farm says that as a result of Prop. 103, it has lost $5 billion over the last 9 years and had no option but to stop ...
19h
on MSN
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
1d
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Unless governments take on the financial burden of serious mitigation efforts, the price of California’s fire risk will ...
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