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State Farm Seeks Emergency California Rate Hike
State Farm Seeks Urgent Rate Hike for Wildfire Payouts
NYC’s new transit leader builds a worker-driven strategy, and the latest on Elon’s ‘buyout’ offer to federal workers.
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.
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
5h
on MSN
Wildfires affecting insurance rates and coverage
State Farm is raising insurance rates by up to 22% for residents in California due to the destructive wildfires. With similar ...
18h
on MSN
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
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