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State Farm’s finances were a worry even before L.A. fires. Here’s what we know about its ability to pay claims going forward
State Farm is the first company to make such a commitment, according to Michael Soller, deputy insurance commissioner with the Department of Insurance. Soller said the department is actively ...
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State Farm makes major policy change amid LA fires outrage
ETIENNE LAURENT/Getty Images State Farm, the biggest insurer in California, announced in March last year that it would not renew 72,000 policies for houses and apartments in the Golden State.
State Farm asks for insurance rate hike of 22 percent after L.A. fires
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...