State Farm seeks 22% rate hike for California homeowners to cover Los Angeles wildfire losses
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of the disastrous Los Angeles wildfires.
The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive ...
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Len Ramirez reports on critics calling out State Farm over the company's trying to get its second insurance rate hike since ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
Jewlz and Terry Fahn make up one of thousands of Los Angeles households seeking to recover their losses after the devastation ...
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