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State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
State Farm General has agreed to reduce its proposed interim rate increase for homeowners insurance in California from 21.8% ...
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
If approved, it’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest ...
State Farm Bank is an online financial institution that offers a variety of banking products and services. It’s a subsidiary of State Farm Mutual Automobile Insurance Company and is ...
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...
Coinciding with an emergency property rate increase request pending for a million California customers, State Farm is seeking a 39% rate hike on personal umbrella policies. This type of coverage, ...
The insurer’s California-only subsidiary, State Farm General, says the hikes are necessary to pay out future claims after it expects to cover $7.6 billion in estimated losses from the wildfires ...
noting State Farm Mutual had bailed out its Texas subsidiary State Farm Lloyd’s with $1.2 billion and $642 million in loans between 2000 and 2010. State Farm General Chief Executive Dan Krause ...
State Farm General, the company's California-only subsidiary, has said that rate hikes are needed to pay out future claims as it expects to cover an estimated $7.6 billion in LA wildfire losses.