Search results
Results from the WOW.Com Content Network
State Farm, California's largest home insurer, said Wednesday that it will offer renewals to all L.A. County residential policyholders affected by the fires.
State Farm General, the state's biggest home insurer, has become a punching bag after the fires due to its announcement last year that it would not renew some 72,000 residential and commmercial ...
The lead plaintiff, Joan St. Julian, claims that State Farm violated the law by failing to pay sales tax to drivers when reimbursing them for the "actual cash value" of their cars that were deemed total losses. [69] According to the lawsuit, State Farm systematically underpaid claims made by thousands of consumers who experienced total vehicle ...
An 18th-century fire insurance contract. Property insurance can be traced to the Great Fire of London, which in 1666 devoured more than 13,000 houses.The devastating effects of the fire converted the development of insurance "from a matter of convenience into one of urgency, a change of opinion reflected in Sir Christopher Wren's inclusion of a site for 'the Insurance Office' in his new plan ...
At the time, State Farm defended the decision by saying rate hikes that had been approved by the California Department of Insurance (CDI) were not high enough to keep pace with inflation and other ...
In its letters to Berkshire Hathaway and State Farm, the Senate Budget Committee noted that State Farm held more investments in oil and natural gas projects than any U.S. insurance company with at least $30.9 billion in fossil fuel investments, while Berkshire Hathaway was the largest shareholder of Chevron Corporation, Berkshire Hathaway ...
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 ...
Michael L. Tipsord (born June 20, 1959) is the chairman of the board of State Farm Insurance in Bloomington, Illinois. Tipsord replaced Edward B. Rust Jr. as chairman on September 1, 2015. [1] State Farm is the 42nd largest company in the United States on the Fortune 500 [2] and the country’s largest auto and home insurer. [3] [4]