State Farm, General insurance
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
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State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing marketState 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 ...
citing a “dire” financial situation after destructive Los Angeles wildfires last month.In a letter to California’s Commissioner of Insurance, Ricardo Lara, State Farm said it has already ...
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