State Farm slammed for seeking up to 38% policy hike after wildfires
Feb 4, 2025 · State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires.
State Farm® is here to help California customers impacted by wildfires
State Farm is making a $2 million commitment to support relief efforts in the areas most impacted by the California wildfires. These funds will provide support for critical needs including shelter, food pantry supplies and other resources to help communities recover.
State Farm seeks an emergency insurance rate increase after LA
Feb 3, 2025 · State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial...
State Farm Seeking Interim 22% Rate Hike for Homeowners in …
Feb 3, 2025 · State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s...
State Farm Seeks Emergency Insurance Rate Hikes in California …
Feb 4, 2025 · State Farm has requested emergency rate increases of up to 38% in California, citing wildfire-related losses. Here’s what homeowners need to know.
State Farm seeks emergency insurance rate hike following LA …
Feb 4, 2025 · The wind-driven wildfires in Los Angeles area that started off the year and it destroyed more than 10,000 homes. State Farm said it paid out more than a billion dollars to customers with more to come.
State Farm Seeks an Urgent Increase in California Rates After Fires ...
Feb 3, 2025 · State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, the company said. It expects to pay out significantly more.
California wildfires: State Farm asks for 'emergency' 22
Feb 3, 2025 · State Farm has requested an emergency interim rate hike averaging 22% for homeowners from state officials after LA wildfires. You could face a 22% rate hike if State Farm covers your home.
California insurer canceled policies months before Los Angeles wildfires
Jan 8, 2025 · Fire engulfs a home as the Eaton Fire moves through the area on January 08, 2025, in Altadena, California. State Farm canceled hundreds of policies in the area affected by the devastating fires ...
Thousands of Los Angeles homeowners were dropped by their …
Jan 20, 2025 · About 1,600 policies in Pacific Palisades were dropped by State Farm in July, California Department of Insurance spokesman Michael Soller said in an Thursday email to CBS MoneyWatch.