The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
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California homeowners, already devastated by last month’s wildfires, could see their insurance ... February 1st, State Farm General (Fire only) has received more than 8,700 claims and has ...
SAN DIEGO — State Farm ... California homeowners. The insurance giant, which covers approximately one in five California households, reported receiving 8,700 claims from last month's wildfires ...
Feb 3 (Reuters) - California's largest private insurer, State Farm, on Monday urged the state's insurance regulator ... it had received more than 8,700 claims, as of Feb. 1, and already paid ...
the state’s largest and a subsidiary State Farm Mutual Automobile Insurance Co., said it has received more than 8,700 claims from the Jan. 7 fires in Pacific Palisades and Altadena areas ...