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Following a judge's ruling Monday, State Farm customers in California are one step away from paying more on their homeowners insurance to alleviate what the company described as a "dire" financial ...
Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...
State Farm 'emergency' insurance rate hike approved as customers continue to feel impact of LA fires
State Farm has gotten approval to raise insurance rates for homeowners starting in June. The "emergency" rate hike was approved as customers continue to feel the devastating wildfires' lasting impact.
California’s top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its ...
WENDY HAS STATE FARM AND SAYS SHE’S BEEN BATTLING THE COMPANY TO PAY OUT CLAIMS SHE MADE AFTER HER HOUSE SUFFERED SIGNIFICANT SMOKE DAMAGE IN THE FIRE. I’D LIKE EVERY ONE OF THE STATE FARM ...
Jan. 20, 2025. Photo by Jules Hotz for CalMatters State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency ...
The state's approval came after a three-day hearing in April where State Farm had to justify with data why the rate hike was necessary. In April, State Farm argued the emergency insurance rate ...
Donate now. State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California.
Insurance department investigates State Farm over Los Angeles fire survivors’ smoke damage claims as insurer awaits approval of rate increase.
So far, she and her husband have received about $40,000 from State Farm but are having trouble getting the insurance company’s adjuster to respond promptly to their requests for more.
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