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State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
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.
State Farm Seeks Emergency California Rate Hike After LA 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.
State Farm requests rate hike approval in wake of SoCal wildfires
One of California’s top property insurers is asking for a double-digit rate hike in the wake of the Southern California wildfires. KRON4's Dan Kerman breaks down what it may cost you if the rate hikes are approved.
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its “financial deterioration,” the company wrote in a letter filed with the state’s insurance commission.
State Farm asks for 22% home insurance rate hike in California following LA wildfires: ‘Risk is greater’
State Farm asked California on Monday if it could hike home insurance rates in the state by an average of 22% to address what it has claimed was a potentially “dire situation” related to payouts from the devastating Los Angeles-area wildfires The insurer claimed that it has paid out more than $1 billion to California policyholders affected by the wildfires after receiving nearly 9,
2h
on MSN
Pacific Coast Highway reopens nearly a month after devastating Los Angeles wildfires
The Pacific Coast Highway is back open in Malibu, California, nearly a month after the deadly Palisades Fire ripped through ...
9h
on MSN
Why the water Trump ordered released in California won't help Los Angeles firefighting
The water released from two California reservoirs will likely go to waste, not help Los Angeles with firefighting, experts ...
1h
Inside the effort to rebuild Los Angeles in time for the 2028 Olympics
NBC News' Gadi Schwartz takes a look at how Los Angeles plans to rebuild in the wake of the wildfires before it is set to ...
5h
Update: Hughes Postfire Baer in Los Angeles County – Feb. 3 status
Initial location: Los Angeles County, Calif. Hughes Postfire Baer initially started 5:59 a.m. Feb. 1 in Los Angeles County.
2d
The Los Angeles Wildfires Are Fully Contained
The Palisades and Eaton fires, two of the deadliest and most destructive wildfires in California history, reached 100 percent ...
insurancebusinessmag
15h
Claims related to Los Angeles wildfires hit more than $4.2 billion -- report
The insurance industry has paid over $4.2 billion in claims related to the Los Angeles wildfires as of January 30, according ...
2d
on MSN
How did the Los Angeles wildfires change the 2025 Grammy Awards? What to know.
In the wake of the Los Angeles wildfires, which have killed at least 29 people and burned down thousands of homes, the L.A.
Vail Daily
2d
It’s likely Los Angeles-like wildfires will come to Eagle County. Here’s how local fire and water entities are preparing.
Eagle County is at risk of experiencing a large-scale wildfire. “We’ve always been and we probably always will be,” said Hugh ...
5d
on MSN
Flawed emergency alert systems lagged when residents needed them most during Los Angeles wildfires
When disaster strikes, government emergency alert systems offer a simple promise: Residents will get information about nearby ...
2d
on MSN
Tennis great Pam Shriver reunited with stolen trophies taken while evacuating Los Angeles wildfires
Pam Shriver has been reunited with several of her trophies after her car, which contained those items, was stolen after she ...
1d
on MSN
Trevor Noah's Grammys monologue pays homage to Los Angeles after wildfires
Noah began with a tribute to the resilience of Los Angeles after the wildfires before switching gears to fire off a few jokes ...
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