LOS ANGELES — California's insurance commissioner turned down a request by State Farm General for an emergency 22% hike of ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...
California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.
State Farm is requesting a 22% rate increase for California homeowners, citing $1 billion in recent claims and mounting ...
Before thousands lost their homes in the recent Los Angeles wildfires, many had lost their insurance. Some residents found ...
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
State Farm wants to raise homeowner insurance rates by 22 percent average to stanch its “financial deterioration” after the L ...
"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 ...
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Balber argues records show the company has plenty of cash in the bank, reporting State Farm made $1.4 billion in homeowners insurance from 2020 to 2022. Balber also added State Farm's parent ...
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California homeowners, already devastated by last month’s wildfires, could see their insurance rates go up by more than 20% if they’re covered by State Farm. California’s largest private ...