Browsing: wildfires

California regulators have approved a temporary 17% property insurance rate hike for State Farm customers following January wildfires that caused significant economic losses.

California Insurance Commissioner Ricardo Lara has approved State Farm’s emergency rate hike request following devastating wildfires

State Farm is requesting an additional 11% rate hike on top of the already approved 17% increase, totaling a 30% rise in home insurance premiums for California customers.

California’s top insurance regulator has approved State Farm’s request to raise home insurance premiums by 17% for its approximately 1 million customers in the state.

California’s insurance commissioner, Ricardo Lara, has approved a 17% emergency rate hike for State Farm homeowners insurance customers following the devastating Los Angeles wildfires.

California insurance regulator approves State Farm’s request for 17% premium increase for homeowners to help rebuild capital after Los Angeles wildfires

California insurance regulator approves State Farm’s request for 17% premium increase for homeowners to help rebuild capital after Los Angeles wildfires

Insurers are seeking to charge California homeowners for some of the costs associated with recent wildfires, following a state Insurance Commissioner’s decision to allow surcharges

Domestic non-life insurance companies face significant losses in Q1 due to wildfires and heavy snow, sparking concerns about climate change impacts on financial performance

The American Property Casualty Insurance Association defends insurers against class action lawsuits alleging coordinated reduction of homeowners insurance in California’s wildfire-prone areas