California reconsiders State Farm rate hike as insurer’s losses rise
State Farm General requested a 22% emergency rate hike in California to cover losses from the Los Angeles County wildfires ...
Santa Rosa Press Democrat22h
California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within 2 weeks
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the ...
California insurance regulators urge State Farm to expand coverage in exchange for rate hikes
Earlier this month, State Farm — the state’s largest home insurance provider — asked the California Department of Insurance ...
Santa Rosa Press Democrat2d
California to consider State Farm emergency rate increase request
Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps in ...
NBC Los Angeles on MSN1d
State Farm estimates $7.6 billion in LA wildfire losses, continues seeking interim rate request
State Farm Insurance Group said this week that it has paid out $1.75 billion on approximately 9,500 claims filed as a result ...
State Farm says LA wildfire losses total $7.6 billion
State Farm General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.
California Gives State Farm Insurance Ultimatum
California's insurance commissioner met with State Farm executives Wednesday to discuss the emergency request for a rate hike ...
State Farm reports staggering insurance losses from Los Angeles wildfires
State Farm General, California’s largest home insurer by far, estimates it will pay $7.6 billion to survivors of the Los ...
State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses
State Farm General, California's largest home insurer, estimates it will pay $7.6 billion to settle its Los Angeles fire ...
insurancebusinessmag9h
State Farm threatens to drop more policies if California's Lara rejects rate hike
State Farm executives made it clear that if the California Department of Insurance does not approve the increases, the ...
State Farm’s CEO for California discusses financial turmoil in unprecedented transcript
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amounts to $600 per household, or run the risk that California’s largest insurer ...