You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance Monday warning of its "dire" financial situation in the wake of the Los ...
State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...
This request comes just six months after a pending 30% rate hike application, potentially impacting millions of California homeowners.
Absent access to the needed data, Consumer Watchdog’s preliminary calculations show that State Farm would have to pay out roughly $9 billion to justify a 22% increase.
State Farm General, already facing financial peril before the Los Angeles wildfires, has asked state insurance regulators to ...
President Trump is directing his commerce and treasury secretaries to create what's called an American sovereign wealth fund.
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put ...
The change follows a Chicago Sun-Times report in 2024 that the former NFL player took on an "investor" role with a southwest ...
Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators. Its policyholder surplus — the cash it has on hand to pay out claims — ...
The Supreme Court on Friday unanimously upheld the federal law banning TikTok beginning Sunday unless it's sold by its China-based parent company, holding that the risk to national security posed ...
ROCKFORD, Ill. — A Rockford parent is speaking out after discovering that her child was not receiving federally mandated special education services. The parent, who filed a formal complaint with ...
With wildfires devastating people in the Los Angeles area, State Farm has announced plans to alleviate some of the pressure residents are facing. The insurance company has paused its notification ...