Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
2hon MSN
Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...
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State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
The subsidiary is the state’s largest provider of fire insurance, with more than 2.8 million policies in California, ...
State Farm wants to raise home insurance rates for Californians by ... risk and enable State Farm General to rebuild capital.” A fire continues on Altadena Drive as onlookers film the Eaton ...
State Farm General, California’s largest fire insurance provider with nearly three million policies, is seeking interim rate ...
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
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