California Wildfires Hit State Farm Hard. But the Insurer Was Already Struggling.
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires broke out, the state’s biggest home insurer was already waiting on an ...
Statewide insurance costs may rise as California grapples with post-fire financial strain
As Southern California continues to recover from the fires last month growing concern for insurance claims rises.with ...