PEORIA, Ill. (WMBD) — State Farm is being accused of canceling thousands of fire insurance policies in California right before the massive wildfires. More than 10,000 homes and businesses have been ...
State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state. The company, ...
ABC7 reported how State Farm Insurance stopped selling new homeowner policies in California last Saturday -- now a second major carrier, Allstate Insurance, confirmed today it ended new home policies ...
8% CONTAINED. AND THE DEVASTATION CAUSED BY THE FIRES THIS WEEK IS PROMPTING SOME CONVERSATIONS ABOUT THE STATE OF FIRE INSURANCE HERE IN CALIFORNIA. A LOT OF PEOPLE ARE REALLY WORRIED ABOUT WHAT’S ...
California’s top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its capital ...
POLICYHOLDERS IN THE STATE OF CALIFORNIA. I DON’T THINK THEY’RE ETHICAL, QUITE HONESTLY. A STRONG RESPONSE FROM WENDY DAVIS AFTER LEARNING SHE WILL BE PAYING EVEN MORE FOR HER HOMEOWNER’S INSURANCE.
The state's approval came after a three-day hearing in April where State Farm had to justify with data why the rate hike was necessary. In April, State Farm argued the emergency insurance rate hikes ...
California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles ...
This story was originally published by CalMatters. Sign up for their newsletters. California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...
State Farm canceled hundreds of homeowners’ insurance policies for residents in many of the same areas now in the path of the Southern California wildfires. The decision was announced in March, ...
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