Southern California State Farm

California reconsiders State Farm rate hike

California’s Biggest Home Insurer Threatens to Leave State Unless Its Rates Rise

State Farm General has 20% market share, and said it “must seriously consider its options within the California insurance market going forward.”

KCRA Sacramento on MSN · 1d

California insurance commissioner meets with State Farm about emergency rate hike

California’s insurance commissioner met with representatives for State Farm Wednesday in Oakland to talk about why the company has requested an emergency rate hike following the Los Angeles County wildfires.

Los Angeles Daily News · 7h

California reconsiders State Farm rate hike as insurer’s losses rise

As we enter the fire season, it’s in jeopardy,” CFO Mark Schwamberger said of the state’s largest policyholder.

3don MSN

State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses

State Farm General, California's largest home insurer, estimates it will pay $7.6 billion to settle its Los Angeles fire ...

wglt17h

State Farm's financial results improve, as underwriting losses decline

State Farm's financial results improved in 2024, though the Bloomington-based company still posted an underwriting loss of ...

Santa Cruz Sentinel13d

California regulators reject — for now — State Farm’s emergency rate hike request

California insurance regulators ... more than $1 billion in losses in the blazes in Southern California. “The burden is on State Farm to show why this is needed now,” said Insurance ...

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California reconsiders State Farm rate hike

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