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State Farm seeks 22% home insurance rate hike

Hosted on MSN · 7h

State Farm Asks California to Approve 'Emergency Hike' in Rates Due to Southern California Wildfires

"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation for our customers and the insurance market in the state of California," State Farm said in a filing to the regulator.

Fox Business on MSN · 10h

State Farm asks California to approve rate hikes after wildfires

State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.

USA TODAY on MSN · 1d

State Farm asks for emergency 22% increase for California premiums, but critics cry foul

Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an average of 22%.

4hon MSN

State Farm proposes home insurance price hike after $1 billion spent on LA fire claims

State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...

1don MSN

California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’

State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...

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