Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
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Los Angeles Magazine on MSNState Farm Seeks 22% Rate Hike for California HomeownersState Farm General, California's largest home insurer, has asked state regulators to approve an immediate 22% rate increase ...
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
Price controls will suffocate a much more robust housing recovery in the Los Angeles area. What’s sad is that it was all so ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency ...
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, according to the company. The insurer expects to pay out significantly more, ...
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NBC Los Angeles on MSNState Farm seeks 22% home insurance rate hike after California wildfiresAs wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.
After the pandemic, most home insurers were fleeing wildfire-prone areas of California. But State Farm was there—and making a huge bet. It gobbled up market share—and generated substantial ...
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