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In an exclusive interview with CBS News California Investigates, the California Insurance Commissioner announced a formal Market Conduct Examination of State Farm.
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires. "It's not fair for State ...
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 ...
With wildfires devastating people in the Los Angeles area, State Farm has announced plans to alleviate some of the pressure residents are facing.. The insurance company has paused its notification ...
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‘Jake From State Farm’ Gets Dragged Over L.A. WildfiresThe Daily Mail reports that the actor has been targeted after State Farm cancelled fire insurance policies just months before the deadly fires.. In May 2023, the company said it would not be ...
California opens probe into State Farm‘s wildfire claim handling. Survivors report delays, denials, and excessive documentation demands. Over 13,000 claims and $4B in payouts tied to January ...
Insurance department investigates State Farm over Los Angeles fire survivors’ smoke damage claims as insurer awaits approval of rate increase.
SACRAMENTO, Calif. -- California's top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the ...
After California's own insurer of last resort was held liable for smoke claims, and a probe of State Farm was launched, a new ...
Homeowner’s insurance premiums are going up as increasingly severe storms and other disasters, combined with rising housing ...
State Farm approved to raise insurance rates by up to 38% after wildfire losses. State Farm secured approval to raise insurance rates by up to 38% after citing major wildfire losses.
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance claims after the Los Angeles wildfires.
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