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A State Farm insurance company sign sits amid the rubble of a building destroyed by the Palisades Fire on Sunset Boulevard in the Pacific Palisades neighborhood of Los Angeles on January 16, 2025.
State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property insurance rates by 22 percent just weeks after fires ripped through Los Angeles ...
We are prepared to do that," said Sevag Sarkissian, a spokesperson for the State Farm insurance group. State Farm General bought a total of $2.2 billion worth of homeowners reinsurance from ...
"State Farm to pull out of 72,000 California insurance policies," blared a Reinsurance News headline. State Farm provides nearly 21 percent of state homeowner policies, so this is big news.
State Farm is seeking increases of as much as 52% for some of its residential insurance rates in California, which could ramp up the financial burden for many homeowners and renters in the state ...
Bankrate’s premium data from Quadrant Information Services indicates that the annual average cost of home insurance in California is $1,217 for $250,000 in dwelling coverage, which is about 28 ...
State Farm Mutual Automobile Insurance Company is the parent company of several wholly owned State Farm subsidiaries: [2] State Farm Fire and Casualty Company; State Farm Life Insurance Company; State Farm Life and Accident Assurance Company (NY/CT/WI) State Farm County Mutual Insurance Company of Texas (TX auto)
The insurance regulator will investigate these rate-increase applications, a spokesperson told Reuters in an email. State Farm insures 250,000 homes and 880,000 automobiles in Los Angeles County ...
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