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California, State Farm
Consumer Watchdog says State Farm shouldn’t ask Californians to pay more
As State Farm seeks to raise rates in the aftermath of the destructive wildfires in Southern California, one consumer advocacy group is asking state officials to step in. Consumer Watchdog sent a pair of letters to Insurance Commissioner Ricardo Lara objecting to State Farm’s pushing for “an immediate 22% rate increase for homeowners,
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies last year, adding to the state’s home-insurance crisis.
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
State Farm seeks 22% emergency rate hike after receiving 8,700 wildfire claims
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles County wildfires and stop its “financial deterioration,” the company wrote in a letter filed with the state’s insurance commission.
State Farm requests 22 percent emergency rate hike after LA fires
State Farm on Monday requested California state officials approve an emergency interim rate increase, averaging 22 percent for homeowners in the Golden State. Rental dwelling policies would also face an increase, 38 percent, while tenants would see a 15 percent hike. All changes would be effective May 1 if approved, multiple outlets report.
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 the history of the company.”
State Farm requests 22% emergency rate hike for California homeowners
CNN commentator Van Jones says the Trump administration’s latest appointment isn’t fit to run a bodega, let alone do the job he’s been offered at the State Department. Darren Beattie, a former Trump speechwriter who was fired in 2018 for making a speech to white nationalists,
6d
on MSN
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
ConsumerAffairs
34m
State Farm Pet Insurance
State Farm’s companion pet insurance, Trupanion, is a company that services cats and dogs under the age of 14. It’s available nationwide, in Puerto Rico, Canada and Australia. Trupanion covers up to ...
3d
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 ...
4d
on MSN
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
6d
on MSN
State Farm seeks emergency rate increase averaging 22% after L.A. fires
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
5d
on MSN
State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
Hosted on MSN
15h
No State Farm Super Bowl commercials? Why you won't see Patrick Mahomes ads this year
Something about Super Bowl 59 is going to feel incomplete. Every NFL Sunday, fans see advertisements for State Farm Insurance ...
6d
on MSN
California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
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