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State Farm Seeks Emergency California Rate Hike

The Wall Street Journal on MSN · 4h

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 last year, adding to the state’s home-insurance crisis.

Hosted on MSN · 2d

State Farm Seeks Emergency California Rate Hike After Fires

State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.

Fox Business on MSN · 2d

State Farm asks California to approve rate hikes after wildfires

State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.

3don 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 ...

3h

California Asks Insurers to Spare Wildfire Victims ‘the List’

The state’s regulator wants insurance carriers to pay full policy limits without requiring victims to itemize every object in ...

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