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2. State Farm asks for emergency 22% increase for California ...

   www.aol.com/state-farm-asks-emergency-22...

   Citing what it calls a potentially “dire situation,” State Farm on Monday asked California for permission to hike insurance rates by an average of 22%. In the wake of the Los Angeles-area ...

3. Newsom administration releases plan that could speed up ...

   www.aol.com/newsom-administration-releases-plan...

   The Personal Insurance Federation of California, which represents large companies, including State Farm, Allstate and Farmers Insurance, expressed support for the proposal. The plan is “an ...

4. State Farm wants to hike insurance rates in California ... - AOL

   www.aol.com/state-farm-wants-hike-insurance...

   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 ...

5. State Farm - Wikipedia

   en.wikipedia.org/wiki/State_Farm

   As of May 27, 2023, State Farm has ceased accepting new applicants for business and personal casualty insurance in California. [ 75 ] [ 76 ] State Farm states that this decision was made due to "historic increases in construction costs outpacing inflation, rapidly growing catastrophe exposure, and a challenging reinsurance market."

6. List of United States insurance companies - Wikipedia

   en.wikipedia.org/wiki/List_of_United_States...

   In 1820, there were 17 stock life insurance companies in the state of New York, many of which would subsequently fail. Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in ...

7. California auto insurance rates are skyrocketing: Here's why ...

   www.aol.com/news/california-auto-insurance-rates...

   California is as car crazy as ever, with insurance rates increasing to match. Data analyzed by the insurance comparison website Insurify showed the average annual cost of full coverage in ...

8. Vehicle insurance in the United States - Wikipedia

   en.wikipedia.org/wiki/Vehicle_insurance_in_the...

   Commercial insurance for vehicles owned or operated by businesses functions quite similarly to private auto insurance, except that personal use of the vehicle is not covered. Commercial insurance pricing is also usually higher than private insurance, due to the expanded types of coverage offered for commercial users. [2]

9. 4 more insurers are leaving California after Allstate and ...

   www.aol.com/finance/4-more-insurers-leaving...

   For instance, in Northern California, 20% of homebuilders surveyed, at the time, said that buyers’ concerns over property insurance are somewhat slowing sales, and in Southern California, 29% of ...