State Farm seeks an emergency insurance rate increase

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.
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
State Farm seeks emergency rate increase averaging 22% after L.A. fires
State Farm General, California's largest home insurer, asked state officials for an emergency rate hike averaging 22% Monday, claiming the Los Angeles County fires have put the company in dire financial straits.
State Farm seeks rate hikes in California to offset wildfire payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
California's largest home insurer wants to hike rates by 22% for homeowners to help pay for LA's wildfires
State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial challenges.
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
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 situation after destructive Los Angeles wildfires last month.
State Farm emergency rate hike request raising alarm bells for some
The largest insurer in the state is requesting a rate increase that would affect every one of its customers, and likely drive up the price of coverage for everyone else.
State Farm requests more rate hikes for California insurance coverage
State Farm Insurance is calling the Los Angeles wildfires the costliest disaster in its history of doing business. The company is requesting an emergency rate increase on all customers.
State Farm asks for emergency statewide home insurance rate increase
State Farm, the largest home insurer in California, has asked the California Department of Insurance for an immediate interim rate increase of about 22% for homeowners statewide to fund recovery from Los Angeles wildfires.
State Farm requests 22 percent emergency rate hike after LA fires
The requested rate hikes come after destructive and deadly fires rampaged in the Los Angeles area, decimating tens of thousands of acres in Southern California. State Farm has rec
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
insurancebusinessmag3d
CDI says "serious questions" over State Farm's financial condition
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to ...
Allstate says California wildfires to bring company $1.1 billion in losses
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
Crain's Chicago Business1d
Allstate expects a $1.1 billion hit from the LA wildfires, but it could have been worse
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.