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 for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
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.
California wildfires fully contained
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The Palisades and Eaton wildfires also continue burning in the Los Angeles area, leaving parts of Southern California with ...
With winter rains entering full swing, California leaders are preparing fire-damaged communities against the threat of ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
The Palisades fire first took hold in a neighborhood where many hydrants had only a single, small outlet for firefighters to ...
California has just experienced one of its worst wildfire seasons in years, despite the Golden State's ample resources to ...
PCH's closure has severely disrupted local transportation networks and emergency response capabilities across Los Angeles ...
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