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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.
State Farm asks for interim rate hike in wake of SoCal wildfires
One of California’s top property insurers is asking for a double-digit rate hike in the wake of the Southern California wildfires. Less than a month after the Palisades and Eaton fires broke out in Southern California,
State Farm Slammed For Seeking Up to 38% Policy Hike Following Wildfires
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
1h
on MSN
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
justthenews
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State Farm, CA’s largest property insurer, demanding 22% rate hike after fires and huge losses
State Farm says that as a result of Prop. 103, it has lost $5 billion over the last 9 years and had no option but to stop ...
1d
on MSN
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 ...
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