State Farm seeks rate hikes in California to offset wildfire payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
State Farm seeks emergency insurance rate hike following LA County wildfires
The state’s largest home insurance company, State Farm wants to raise its rates. The company said it’s in a dire financial situation because of the recent wildfires in Southern California. The wind-driven wildfires in Los Angeles area that started off the year and it destroyed more than 10,000 homes.
For the second time in the past six months, State Farm insurance executives, on Monday, requested an emergency rate hike, ...
State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, ...
18hon MSN
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
The Atlanta Hawks and State Farm Arena have launched a guest chef program and have added new menu items to its regular rotation. The program will feature nearly 20 local restaurant owners, who will ...
Sources told this publication that the mutual is facing a loss totalling around $7.91bn from the fires, and it is understood ...
State Farm's decision to pull its 2025 Super Bowl ad was prompted by the wildfires that continue to impact the Los Angeles area. With the company's absence from the Big Game, no insurance firm is ...
But Griselda Ellez, who picks leeks in California’s Ventura County, said she had no option but to continue working, even as ...
Robert Horry poses for a photo before Illinois and Ohio State face off on Feb. 2, 2025 at State Farm Center. Orange Krush ...
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