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A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that rate hike even higher to 30%. On May 13, the state’s largest ...
SAN DIEGO (FOX 5/KUSI) — State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market.
The state of California approved State Farm's request for a double-digit increase in home insurance premiums to help the insurer deal with financial challenges following the wildfires that ...
Following a judge's ruling Monday, State Farm customers in California are one step away from paying more on their homeowners insurance to alleviate what the company described as a "dire" financial ...
Homeowners reeling from the wildfires in January say that State Farm’s increased rates are unfair and unfounded. By Rukmini Callimachi Earlier this year, Rukmini Callimachi traveled to Altadena ...
Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...
Jan. 20, 2025. Photo by Jules Hotz for CalMatters State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency ...
A judge ruled Tuesday State Farm is allowed to raise insurance rates next month. The insurance company is asking homeowners pay an average 17% more. It will be allowed to impose a 15% hike on ...
That’s because they’re waiting for their insurer, State Farm, to approve and process their claims. “We were lucky our house made it through,” Valverde said. “At first we thought unscathed.
OAKLAND, Calif. (KGO) -- The California Department of Insurance will host its first hearing on Tuesday to determine whether State Farm should be granted a nearly billion-dollar "emergency rate hike." ...
Batman and his infamous rogues gallery are the subject of an impressive ad from State Farm Insurance. The quality of the State Farm TV spot is such that you could make the case that it rivals the ...
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