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State Farm asks for insurance rate hike of 22 percent

Newsweek on MSN · 7h

California Homeowners Hit With Sudden 22 Percent Insurance Rate Increase

As the Golden State faces increasing levels of environmental disasters and wildfires, many insurance companies have raised rates on homeowners.

The Washington Post on MSN · 5h

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.”

CBS Los Angeles on MSN · 6h

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 General revealed Monday.

5hon MSN

Who gets to rebuild? Los Angeles fires expose the weakness of U.S. home insurance.

While there has been a growing crisis in insurance for years, the scale and scope of the Los Angeles wildfires brings the ...

New Orleans to see 'skyrocketing' insurance costs in coming decade, new report says

A new report from First Street Foundation suggests that New Orleans will see some of the nation's highest increases in ...

16hon MSN

CT long-term care insurance prices are skyrocketing. Here’s what to know.

Prices are soaring due to miscalculations by insurers on how long people would live, the price of care and how many would ...

3d

WA insurance costs keep rising. What can the new commissioner do?

Home, auto and health insurance rates are on the rise. Here's what insurance commissioner Patty Kuderer says her office can ...

11h

Tracking Los Angeles Wildfire Insurance Payments: More Than $4 Billion in Claims Paid Out to Victims

California's insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...

News10NBC Investigates: Insurance company records 1 damage claim as 2, leaves Webster homeowner uninsurable

A Webster man says his insurance company denied his claim for dock damage from high water storms in 2019, saying he filed two ...

2d

Florida Homeowners Receive Welcome Insurance News

This year could bring positive changes to the state's property insurance market, which has faced limited availability and skyrocketing premiums.

Etihad Credit Insurance joins the KYC Blockchain Platform

Etihad Credit Insurance (ECI), the UAE Federal export credit company, joined the KYC Blockchain Platform, marking a first for ...

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