Browsing: State Farm

In a letter to California’s insurance commissioner, State Farm leaders express concerns about the financial impact of wildfire claims and potential downgrades in their credit rating.

A State Farm executive was terminated following remarks about the company’s California rate hikes and disparaging comments about Pacific Palisades residents, as revealed in an undercover video.

State Farm reports improved financial results, driven by increased customer base and strategic investments.

State Farm General has requested an emergency rate increase in California, citing financial strain from recent wildfires and the escalating risks associated with climate change.

This critical analysis examines the insurance industry’s role in the climate crisis, particularly concerning the devastating Los Angeles wildfires and the industry’s detrimental practices.

Chief Financial Officer Mark Schwamberger announced the company’s continued state-by-state operational strategy following a year of financial recovery and ongoing discussions with California regulators regarding proposed rate increases.

After reporting a significant profit and navigating controversy over potential policy drops in California, State Farm’s CFO outlines the company’s operational strategy.

Discover the best life insurance options for people living with diabetes, including those offering diabetes management programs and favorable risk classifications.

CNBC Select reviewed the top term life insurance companies, considering affordability, customer satisfaction, and policy features. Learn which providers offer the best coverage for your needs.

California’s Insurance Commissioner, Ricardo Lara, has denied State Farm’s request for an immediate rate increase following the Los Angeles fires, demanding more information and setting up a potential confrontation.