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State Farm asks for 22% insurance rate hike
California Homeowners Hit With Sudden 22 Percent Insurance Rate Increase
As the Golden State faces increasing levels of environmental disasters and wildfires, many insurance companies have raised rates on homeowners.
State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA
State Farm wants to hike insurance rates in California by 22% just weeks after fires tore through LA - Climate-fueled wildfires have led many insurers to pull out of the Golden State in recent years
State Farm Seeks Emergency California Rate Hike After LA Fires
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.
Repairer Driven News
7h
California officials defer annual licensure fees, remind insurers of disaster coverage obligations
To help small businesses and workers in Los Angeles and Ventura counties impacted by the ongoing wildfires to recover and ...
1d
on MSN
California's insurance crisis leaves neighbors facing unequal recovery after wildfires
Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...
7d
on MSN
California Politicians Now Want Oil Companies, Not Insurers, To Subsidize People Living in Wildfire Zones
For decades, California's byzantine insurance regulations effectively forced insurers to subsidize people living in ...
1d
on MSN
CA lawmakers propose $175 million increase for Cal Fire staffing
A new proposal would keep all fire engines and roughly 3,000 seasonal firefighters working year-round for Cal Fire.
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