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State Farm, California
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an average of 22%.
State Farm Asks for ‘Emergency Hike’ in Rates Due to Southern California Wildfires
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation for our customers and the insurance market in the state of California," State Farm said in a filing to the regulator.
2h
on MSN
Consumer Watchdog says State Farm shouldn’t ask Californians to pay more
As State Farm seeks to raise rates in the aftermath of the destructive wildfires in Southern California, one consumer ...
22h
on MSN
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 ...
4d
on MSN
California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
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