State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
If the increase is approved by the California Department of Insurance, the rate change will be effective upon renewal on or after May 1.
The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...
State Farm General requested an emergency 22% rate increase in homeowners’ rates to cover losses and to stop its “financial deterioration,” ...
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Hosted on MSNEditorial | State Farm’s huge rate hikes add to worsening insurance crisis throughout stateThe recent devastating fires in Los Angeles are going to make the state’s insurance crisis that much worse for home and property owners in much of California including those some 350 miles away in ...
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