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News

State Farm granted emergency rate hike in California

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State Farm Wins First Emergency Rate Hike Approval in California
The state insurance commission is allowing the insurer to raise rates due to financial distress caused by $7 billion in claims from Los Angeles County fires. Rates will rise an average of 17 percent for homeowners.

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Governing · 1h
 · 21h · on MSN
CA approves State Farm's emergency rate hike; increases as high as 38% start June 1
 · 1d · on MSN
State Farm can hike California home insurance rates, officials rule
7d
State Farm is accused of delaying LA fire claims. Should it get OK for a rate hike?
Insurance department investigates State Farm over Los Angeles fire survivors’ smoke damage claims as insurer awaits approval ...
3don MSN
Insurance commissioner signals possible probe into State Farm’s handling of L.A. wildfire claims
After fielding complaints at a community meeting about how State Farm is handling Los Angeles wildfire claims, California ...

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