State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
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 ...
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...
Crain's Chicago Business2d
State Farm looks to raise premiums 22% in California as wildfire costs climb
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
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Editorial | State Farm’s huge rate hikes add to worsening insurance crisis throughout state
The recent devastating fires in Los Angeles are going to make the state’s insurance crisis that much worse for home and property owners in much of California including those some 350 miles away in ...