California says State Farm can raise homeowner premiums 17% because of Los Angeles wildfires
Wednesday, 14 May 2025 () California's top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its capital following the Los Angeles wildfires. State Farm has argued the emergency rate hikes are necessary to…
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California has granted insurance company State Farm General an emergency rate increase for homeowners, effective June 1, that also requires the company to get an... bizjournals
Wednesday, 14 May 2025 ()
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