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State Farm asks for 22% insurance rate hike

Times of San Diego on MSN · 1d

State Farm Asks for 'Emergency Hike' in Rates Due to Southern California Wildfires

The company is seeking rate increases of up to 22% for non-tenant homeowners, 15% for renters and condominium owners, and up to 38% for rental dwellings. Non-tenant homeowners are investors who don’t live in the property they own.

CBS Los Angeles on MSN · 1d

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 officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,

CalMatters · 12h

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.

1hon MSN

State Farm Was All In on California—Until It Pulled the Plug Before the Fires

The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...

1d

‘Pineapple Express’ storm arrives in Southern California with even more rain expected next week

Forecasters say 'Pineapple Express' storm will probably be beneficial for Los Angeles and Ventura counties, helping to reduce ...

12hon MSN

Allstate expects $1.1 billion loss from California fires

Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...

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