Associated Press5m
California regulator mulls State Farm’s request for 22% premium hike for homeowners after LA fires
State Farm, the state’s largest insurer with roughly 1 million home insurance policies in California, said the emergency rate ...
California insurance commissioner approves State Farm rate hike — with conditions
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...
Tinder Date Gone Wrong: State Farm Exec Fired After Saying Premium Hikes Following California Fires Were 'Kind Of' Orchestrated
State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...
Opinion
The Pantagraph4hOpinion
Flick Fact: How much has State Farm paid out for those California wildfires?
Answer: As of Feb. 26, the last time State Farm released numbers, more than 11,750 fire and auto claims had been processed, and the company had paid out nearly $2.2 billion to customers. That’s ...
State Farm’s California Insurance Crisis Came After Rapid Growth
It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...