California Ricardo Lara

State Farm asks for 22% insurance rate hike

California Homeowners Hit With Sudden 22 Percent Insurance Rate Increase

As the Golden State faces increasing levels of environmental disasters and wildfires, many insurance companies have raised rates on homeowners.

Hosted on MSN · 15h

State Farm asks for approval to increase California home insurance rates by an average of 22%

Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,

Scripps News on MSN · 1d

California homeowners brace for 22% insurance rate hike following wildfires

State Farm said it wants to raise rates for millions of California homeowners due to increasing wildfire risks.

15hon MSN

California's insurance crisis leaves neighbors facing unequal recovery after wildfires

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...

1don MSN

State Farm Seeks Emergency California Rate Hike After Fires

State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns ...

Opinion

1dOpinion

Opinion: Time to reimagine fire insurance coverage in California

State Insurance Commissioner Ricardo Lara leaves an Assembly Committee on Insurance hearing on Tuesday, Sept. 17, 2024 at Los Angeles City Hall. (Photo by Sarah Reingewirtz, Los Angeles Daily ...

Online tracker shows insurance payments to wildfire survivors

More than 30,000 insurance claims have been filed after the devastating Los Angeles-area wildfires, according to the new ...

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