California regulators reject — for now — State Farm’s emergency rate hike request
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in response to the company’s request for emergency approval of a steep rate hike for homeowners in the wake of the Los Angeles wildfires.
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...
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$1.1 Billion Loss For Allstate Amidst California FiresJust months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...
The Cool Down on MSN4d
Devastated couple claims State Farm canceled home coverage before wildfire hit: '25 years in premiums on this house'It’s just an injury on top of an injury." Devastated couple claims State Farm canceled home coverage before wildfire hit: '25 years in premiums on this house' first appeared on The Cool Down.
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