California’s High-Risk Insurer Gets $1 Billion Bailout After L.A. Fires
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA
State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property ...
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 ...
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State Farm seeks rate hikes in California to offset wildfire payouts
(Reuters) - California's largest private insurer, State Farm, on Monday urged the ... away insurers from the state in the past few years, leaving homeowners to turn to a much costlier state ...
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California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
State Farm, which has traditionally been the largest home insurer in California, does not make ... upstairs with her to the bathroom before leaving her as the inspection continued.
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State farm was all in on California—until it pulled the plug before the fires
It would leave more than a million people needing ... if they want to do business here," he said. On Monday, State Farm asked California regulators to approve a 22% emergency rate hike for homeowners.
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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.
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 ...