State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
Regulator says it will rule urgently; Consumer Watchdog says insurer must disclose more information to justify an increase.
State Farm said it wants to raise rates for millions of California homeowners due to increasing wildfire risks.
After wildfires ravaged through the Los Angeles area, State Farm is seeking an emergency 22% rate increase. The company said ...
Insurance giant State Farm is requesting that the California Insurance Commissioner allow a rate hike in response to the ...
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
The largest insurer in California claims it is in a “dire” financial situation after paying out $1 billion to customers ...
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...
Following the LA fires, State Farm has asked California regulators for “emergency” approval to raise homeowners’ insurance by ...
State Farm is requesting a significant rate hike in response to the California wildfires. Get all the details and more on Tuesday morning's business report with Jane King.