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State Farm asks for 22% insurance rate hike

Times of San Diego on MSN · 1d

State Farm Asks California to Approve ‘Emergency Hike’ in Rates Due to Southern California Wildfires

"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation for our customers and the insurance market in the state of California," State Farm said in a filing to the regulator.

Hosted on MSN · 2d

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

The San Joaquin Valley Sun · 1d

State Farm requests rate increase in California

Following the destructive wildfires in California, State Farm, the state's largest private insurer, is seeking approval from the California Department of Insurance for significant rate hikes averaging 22% for homeowners.

Allstate, California

Wall Street Journal · 1d

Allstate Expects California Wildfires to Cost $1.1 Billion

In the fourth quarter, catastrophe losses took $315 million out of Allstate’s homeowners-insurance business, up from $21 million the year before.

CNN on MSN · 15h

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

LA Times on MSN · 13h

Allstate expects $1.1 billion in losses from Los Angeles fires

Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities in January.

15h

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 ...

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 ...

Repairer Driven News2d

You won’t see a P&C insurance commercial during this year’s Super Bowl as industry cuts advertising spending

There will be no property insurance advertising during this year’s Super Bowl as data shows the industry is spending less on ...

3d

Private firefighters are increasingly popular with insurers. But do they pose a risk?

Private firefighters are a growing part of insurance companies’ strategy, but some professionals says they can sometimes pose ...

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