State Farm Was All In on California—Until It Pulled the Plug Before the Fires
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims
The post Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims appeared first ...
Crain's Chicago Business12h
Allstate expects a $1.1 billion hit from the LA wildfires, but it could have been worse
Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.
State Farm asks for more insurance rate increases after LA fires
State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...
Allstate expects $1.1 billion loss from California fires
Allstate insurance said it expects a $1.1 billion loss from claims caused by the wildfires that swept through Southern California in January ...
Repairer Driven News17h
North Carolina auto insurance companies ask for 22% rate increase
North Carolina insurance companies have requested a statewide average increase of 22.6% in automobile insurance rates, according to the North Carolina Department of Insurance.  The request was ...
Allstate expects $1.1 billion in losses from Los Angeles fires
Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...
LA neighbors have vastly different post-wildfire rebuilding options due to insurance crisis
FAIR, with its high premiums and basic coverage, was designed as a temporary safety net until policyholders find a more ...
State Farm seeks an emergency insurance rate increase
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market ...
Most Citizens homeowners in Miami-Dade, Broward will see premiums drop
TALLAHASSEE — Most Miami-Dade and Broward county homeowners with state-run Citizens Property Insurance will see their ...
Insurancenewsnet.com1d
State Farm Seeks Emergency Rate Hike, Citing Wildfire Losses—Consumer Advocates Push Back
In a press release issued on February 3, 2025, State Farm General requested immediate approval from the California Department of Insurance for interim rate increases, including an average 22% hike for ...