california wildfires state farm

State Farm, California

State Farm asks California to approve rate hikes after wildfires

State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.

CBS Los Angeles on MSN · 1d

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 officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners, State Farm General revealed Monday.

Newsweek on MSN · 3d

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 wildfires.

56mon MSN

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 last year, adding to the state’s home-insurance crisis.

53m

California Asks Insurers to Spare Wildfire Victims ‘the List’

The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...

California's Insurance Crisis Leaves Neighbors Facing Unequal Recovery After Wildfires

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...

Allstate Expects California Wildfires to Cost $1.1 Billion

In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners-insurance business, up from $21 ...

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