State Farm Seeks Emergency California Rate Hike After LA Fires
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.
State Farm Seeks Rate Hikes in California to Offset Wildfire Payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
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%.
State Farm seeks an emergency insurance rate increase after LA wildfires. It’s the latest blow to California’s housing market
State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for homeowners from state officials on Monday, citing a “dire” financial situation after destructive Los Angeles wildfires last month.
State Farm Seeks an Urgent Increase in California Rates After Fires
The company asked state regulators to approve a 22 percent increase on average. By Soumya Karlamangla Reporting from San Francisco State Farm, the largest homeowners’ insurance company in California,
State Farm seeks emergency rate increase averaging 22% after L.A. fires
State Farm General asked Monday for an emergency rate increase averaging 22%, claiming the Los Angeles County fires have put California's largest insurer in dire financial straits.
Famed Pacific Coast Highway reopens nearly 1 month after LA fires ripped through city
Nearly a month after deadly wildfires ripped through Los Angeles neighborhoods, the Pacific Coast Highway has finally ...
What this volunteer has found in charred wreckage of LA fires
When fire victims return to find nothing but charred wreckage, many assume their irreplaceable belongings perished. Jeff Levy ...
As crews clean up from LA fires, some residents are furious over hazardous waste
The blazes that began on Jan. 7 charred thousands of buildings, cars and electronics across the Los Angeles area, creating ...
Palisades, Eaton fires in LA now 100% contained after deadly three-week battle
The three-week-long fight to battle two deadly wildfires that destroyed thousands of homes and countless lives reached an ...
How LA fires devastation shaped this year's Grammys
In a show celebrating the biggest names in music, the star of the night was the city of Los Angeles. The historic fires that ...
Ryan O'Neil's son fears his family may be priced out of rebuilding 'legendary' Malibu home after LA fires
Patrick O'Neil, the son of the late Academy Award nominee Ryan O'Neil, spoke with Fox Business Network about how the sudden ...
Angelus16h
LA fires, Catholic schools take center stage at annual business leader lunch
As families are addressing housing and other basic necessities, there must not be a concern for our students to remain in our ...
Des Moines Register4d
Meryl Streep escaped LA fires by cutting 'car-sized hole' in fence, nephew says
The New Mexico-based writer's story also chronicled how the LA fires have devastated other residents, including longtime ...
Jelly Roll performs for LA fires first responders ahead of acting debut
Jelly Roll led a concert dedicated to the first responders helping battle the Los Angeles fires that broke out last month, ...
Chappell Roan: ‘My community was lost’ in LA fires
Speaking on the Grammy red carpet, singer songwriter Chappell Roan pays tribute to Los Angeles after the recent wildfires.
Moms launch 'Lost Stuffy Project' to reunite kids impacted by LA fires with stuffed toys
Moms Randi and Jenny Jaffe launched the LA Lost Stuffy Project to help displaced kids and their families impacted by the Los ...