Browsing: California wildfires

State Farm is seeking an emergency rate increase for homeowners insurance in California following the Los Angeles County wildfires. Consumer advocates are criticizing the request, citing the company’s financial status.

State Farm General Insurance, California’s largest home insurer, has requested a 22% rate increase, citing losses from recent wildfires.

Wildfires in California are increasing flood risks, potentially forcing homeowners to pay for expensive flood insurance.

California’s largest home insurer, State Farm General, has requested a significant rate increase due to financial strain from recent wildfires, sparking concerns among policyholders and regulators.