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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.
California homeowners brace for 22% insurance rate hike following wildfires
State Farm said it wants to raise rates for millions of California homeowners due to increasing wildfire risks.
State Farm Seeks Emergency California Rate Hike After 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
3h
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
Amid the rubble and ash, little is left of their historic neighborhood.In the weeks since the Eaton wildfire took their homes ...
1d
on MSN
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
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.
6d
Online tracker shows insurance payments to wildfire survivors
More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...
2d
on MSN
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 ...
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