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The California Department of Insurance is launching a "market conduct" exam into how State Farm General, the state's largest home insurer, is handling claims from the January fires after receiving ...
Almost 1,900 homeowner insurance claims and more than 700 auto insurance claims have been made by residents to State Farm because of the Northern California wildfires, company officials said Thursday.
Just like State Farm has been accused of delaying claims and payments related to smoke damage, so has the FAIR Plan. LA fire victims sued the FAIR Plan, State Farm and other insurers over smoke ...
State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 billion in claims due to the Los Angeles fires. As the largest home ...
The number of hail claims increased by nearly 45,000 from 2021. However, State Farm says inflation and supply chain issues is also responsible for the overall increase.
The number of lightning claims increased by 13.8% between 2022 and 2023, from 62,189 to 70,787. The average national claim increased 14.6% from $15,280 in 2022 to $17,513 in 2023.
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