State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...
Jessica Mendoza: Sandra and her family lived in that house for 38 years, and the whole time, the property was covered by California's biggest insurer, State Farm. That was until last year.
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires ...
California homeowners, already devastated by last month’s wildfires ... state, stopped writing new policies or otherwise reduced their risk exposure in the Golden State. This includes Allstate ...
The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...
California homeowners, already devastated by last month’s wildfires, could see their insurance rates go up by more than 20% if they’re covered by State Farm. California’s largest private ...
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
After the pandemic, most home insurers were fleeing wildfire-prone areas of California. But State Farm was there—and making a huge bet. It gobbled up market share—and generated substantial ...
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