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For State Farm General, a California-only subsidiary, there is one more big lever it could pull, ... And if State Farm were to leave the market by going insolvent due to another wildfire, ...
A check from California’s largest property insurer, which says it has paid billions of dollars in claims from the LA-area ...
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires.
State Farm has requested emergency rate increases of up to 38% in California, citing wildfire-related losses. Here’s what homeowners need to know.
State Farm General, California’s largest home insurer, has been granted approval to raise its home insurance rates across the state — triggering fierce backlash from consumer advocates.
During the recent hearing in California and in the process that ensued, State Farm was forced to make some concessions — lowering the rate hike to 17 percent, from nearly 22 percent, as well as ...
SAN DIEGO (FOX 5/KUSI) — State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market.
State Farm gets California nod to hike homeowner policies 17% Policyholders will see higher premiums beginning June 1, with renters and condo owners paying 15% more, and rental owners paying 38% more.