State Farm proposes home insurance price hike after $1 billion spent on LA fire claims
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after premiums were kept artificially low.
State Farm asks for insurance rate hike of 22 percent after L.A. fires
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in the history of the company.”
State Farm asks for approval to increase California home insurance rates by an average of 22%
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work out to an average increase of 22% for California homeowners,
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
State Farm Seeks Emergency California Rate Hike After Fires
State Farm, the largest home insurer in California, is asking for an emergency rate hike from state regulators as it warns that multibillion-dollar payouts from the Los Angeles wildfires threaten its balance sheet and the broader insurance market.
State Farm Seeks an Urgent Increase in California Rates After Fires
The company asked state regulators to approve a 22 percent increase on average. By Soumya Karlamangla Reporting from San Francisco State Farm, the largest homeowners’ insurance company in California,
This luxury realtor warns LA home prices will be huge from surge in fire insurance costs — claims about 1,000 new renters, buyers have entered the market
We’ve been dealing with a fire insurance nightmare for well over the past couple of years,” luxury real estate broker Josh ...
CBS Sacramento on MSN9d
Hughes Fire in LA County burns 10,000 acres, evacuations lifted but mudslide concerns remain
Firefighters made progress on the more than 10,000-acre Hughes Fire Friday, which sent thousands fleeing after sparking near ...
NBC Los Angeles on MSN13d
Map: Where the Hughes Fire and other wildfires are burning in LA County
The Hughes Fire, Eaton Fire and Palisades Fire are burning in Los Angeles County. This map shows the locations.
LA mayor says Palisades fire checkpoints will remain open
The 2 LA-area wildfires killed 29 people, destroyed upwards of 16,000 structures and burned more than 37,000 acres, officials ...
Grammys and FireAid concerts expected to raise over $120 million for LA fire relief
The music industry came together for an ambitious Los Angeles fire relief effort the week of the Grammy Awards that is ...
Bay Area’s recovery from Tubbs Fire holds lessons for LA
Based on Santa Rosa’s experience, certain parts of L.A. could get rebuilt much more quickly — especially when builders avoid ...
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FireAid concerts raise estimated $100 million for LA wildfire relief
More than 30 artists, including Olivia Rodrigo, Rod Stewart, Dr. Dre and Joni Mitchell, performed at the benefit concert on ...
Dwight Yoakam, Turnpike Troubadours, to appear at LA fire relief show at Bridgestone Arena
Dwight Yoakam, Turnpike Troubadours are among favored country and Americana performers set to headline a Feb. 19 L.A. fire ...
Call of Duty: Black Ops 6 in-game bundle raises $1.6 million for LA Fire Relief
Activision reveals it will donate $1.6 million in proceeds from sales of the LA Fire Relief bundle to LAFD Foundation and ...
Structure fire extinguished in bustling La Jolla area
Crews responded to a structure fire in a bustling area of La Jolla Saturday morning, the San Diego Fire-Rescue Department ...
Call of Duty raises $1.6M for LA fire relief through gamer in-app purchases
Activision said it has raised $1.6 million for LA Fire Relief as a result of gamer purchases of the in-game pack for Call of Duty: Black Ops 6 and Call of Duty Warzone.
California Gov. Newsom to seek more federal funds for LA fire recovery during DC meeting with Trump
Gov. Gavin Newsom departed California on Tuesday to meet with President Donald Trump and members of Congress to discuss ...