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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 ...
In the aftermath of the Los Angeles fires, the FAIR plan gets a $1 billion bailout — the latest indication that California’s home insurance market is on shaky footing.
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
6don MSN
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent ...
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
Bloomberg on MSN7d
State Farm Seeks Emergency California Rate Hike After FiresState Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
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