State Farm seeks emergency rate increase averaging 22% after L.A. fires
Feb 3, 2025 · State Farm General, California’s largest home insurer, asked state officials for an emergency rate hike averaging 22% Monday, saying the Los Angeles County fires have put the company in...
State Farm asks for more insurance rate increases after LA fires
6 days ago · State Farm, the largest insurer for California homeowners, this week asked the state to approve “emergency” rate increases for insurance policy holders, saying the recent Los Angeles County fires have imperiled its finances.
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.
State Farm wants to raise insurance rates in California after fires
6 days ago · 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 received more than ...
State Farm® is here to help California customers impacted by wildfires
Catastrophe Customer Care sites are open in California for customers to walk-up for claim assistance and help with general questions.UPDATE: Due to declining in-person customer activity, our two catastrophe care sites in Los Angeles will be consolidated into one remaining site at the Santa Monica College – Bundy Campus. The Home Depot location at 12975 W Jefferson Blvd. will close end of day ...
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...
California wildfires: State Farm asks for 'emergency' 22
Feb 3, 2025 · SAN FRANCISCO -- If your home is covered by State Farm, you could face a 22% rate hike. The company sent a letter to the California Dept. of Insurance warning of its 'dire' financial situation...
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.
California insurer canceled policies months before Los Angeles wildfires
Jan 8, 2025 · State Farm, one of the biggest insurers in California, canceled hundreds of homeowners' policies last summer in Pacific Palisades—the same area which is now being ravaged by a devastating...
State Farm to offer renewals to all L.A. County policyholders …
Jan 16, 2025 · State Farm, California's largest home insurer, said Thursday it will offer renewals to all of its 250,000 L.A. County residential policyholders slated to have been dropped, not just those...