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State Farm asks for 22% insurance rate hike
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 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 hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
insurancebusinessmag
1d
CDI says "serious questions" over State Farm's financial condition
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...
7News Miami
9h
At FIU stop, DeSantis announces reductions in state home and auto insurance rates, citing recent reforms
Florida Gov. Ron DeSantis announced reductions in insurance rates for some state drivers and homeowners during a visit to Miami-Dade<a class="excerpt-read-more" href=" More ...
11h
on MSN
Property, car insurance premium rollbacks could bring relief in Florida
Rollbacks of property and car insurance rates that could bring relief to the state's beleaguered insurance market were ...
2d
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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