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Over the last 9 years, the lack of alignment between price and risk means that for every $1.00 collected in premium, State Farm General has spent $1.26, resulting in over $5 billion in cumulative ...
County Route G5 (CR G5), more often referred to as Foothill Expressway, is a 4-lane, 7.24-mile (11.65 km) long, northwest–southeast route in Santa Clara County, California, United States. It connects Palo Alto to the Silicon Valley proper closely paralleling Interstate 280 through the lower Santa Cruz Mountains foothills. CR G5 is part of the ...
In February 2025, State Farm, the largest home insurer in California, requested state regulators to approve an emergency rate increase due to the financial strain caused by payouts related to the January 2025 Southern California wildfires. The company is seeking an average rate hike of 22%, effective May 1, 2025.
County routes are typically designated with a letter (A, B, D, E, G, J, N, R, or S, depending on the region of the state, with several counties split between two region prefixes) followed by a number (example: G2). Therefore, the county routes are sorted alphabetically, from the northernmost region of California to the southernmost region.
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State Farm said in its statement that it recognizes government officials and the California Department of Insurance (CDI) for their wildfire loss mitigation efforts. "We take seriously our ...
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"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.