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State Farm asks for 22% insurance rate hike
State Farm Asks for 'Emergency Hike' in Rates Due to Southern California Wildfires
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation for our customers and the insurance market in the state of California," State Farm said in a filing to the regulator.
CA’s largest property insurer demanding 22% rate hike after wildfires
State Farm, California’s largest property insurer, is demanding a 22% emergency rate hike after the Southern California fires, saying that over the last years it has
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases.
1d
on MSN
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
2d
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Unless governments take on the financial burden of serious mitigation efforts, the price of California’s fire risk will ...
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