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.
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive ...
NYC’s new transit leader builds a worker-driven strategy, and the latest on Elon’s ‘buyout’ offer to federal workers.
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
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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Home, auto insurance rates to drop state-wide in FloridaMajor insurance companies are filing to reduce their insurance rates across the state of Florida. Governor Ron Desantis announced Wednesday that several major homeowner and auto insurance companies, ...
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