In a letter to the California Department of Insurance on Monday, State Farm said it had been financially depleted after receiving nearly 9,000 claims from ... that the number of policies it ...
State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 billion in claims due to the Los Angeles fires. As the largest home insurance ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
State Farm’s move comes as California’s insurance sector faces an unprecedented crisis. Last year, the company opted not to renew 30,000 homeowners’ policies, adding to the uncertainty for residents.
State Farm said it had fielded more than 8,700 claims related to the LA wildfires ... add up to more than the mortgage payments for a growing number of homeowners. Rising insurance costs are ...
Between 2020 and 2024, the number of FAIR residential policies ... a share that rapidly increased after State Farm dropped tens of thousands of policies in the state, including 1,600 in the ...
ALFA's proposed self-funded health plan has sparked a fight with Blue Cross and Blue Shield of Alabama. Who will come out on ...
State Farm also reigns supreme with customer service, earning the number one spot on J.D ... For life insurance claims, call 877-292-0398. You can also file claims online, as well as pay your ...