California Insurance Commissioner Approves State Farm Rate Hike Under Conditions
California Insurance Commissioner proposes a 22% home insurance premium increase for State Farm, contingent on conditions and a public hearing.
California Insurance Commissioner proposes a 22% home insurance premium increase for State Farm, contingent on conditions and a public hearing.
State Farm gets preliminary approval for a 22% insurance premium hike in California amid wildfire risks, impacting nearly a million homeowners.
State Farm requests a 22% insurance rate hike in California due to increased risks.
State Farm cancels Super Bowl ad plans to support wildfire victims in California, prioritizing assistance over advertising.
The Los Angeles wildfires have heightened the insurance crisis, displacing thousands of homeowners and straining the FAIR plan as insurers withdraw coverage.
Los Angeles is facing unprecedented wildfires with significant destruction and evacuations. The Palisades Fire has burned thousands of structures, prompting federal emergency response.