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State Farm, Los Angeles

LA Times on MSN · 2d

State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses

State Farm General, California's largest home insurer, estimates it will pay $7.6 billion to settle its Los Angeles fire claims but reinsurance will lower its losses to about $612 million, including its costs for bailing out the state's Fair Plan.

LA Daily News on MSN · 1d

State Farm says LA wildfire losses total $7.6 billion

State Farm General said it will pay $7.6 billion to settle claims from last month’s firestorms in the Los Angeles area.

San Francisco Chronicle on MSN · 3d

State Farm reports staggering insurance losses from Los Angeles wildfires

State Farm General, California’s largest home insurer by far, estimates it will pay $7.6 billion to survivors of the Los Angeles wildfires. The staggering figure is the highest loss estimate of any insurer so far,

California, State Farm

The North Bay Business Journal · 15h

California to consider State Farm emergency rate increase request

Insurance Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm reps to discuss proposed emergency policy rate increases of up to 38% to cover the costs associated with the Los Angeles-area wildfires.

Hosted on MSN · 4h

Key State Farm executive in California warns 'significant nonrenewals' possible if rate hike not approved

State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amounts to $600 per household, or run the risk that California’s largest insurer may drop even more policies across the state.

Santa Rosa Press Democrat · 23h

California insurance commissioner meets privately with State Farm, hopes to make rate hike decision within 2 weeks

Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the company’s emergency rate hike.

NBC Los Angeles on MSN23h

State Farm estimates $7.6 billion in LA wildfire losses, continues seeking interim rate request

State Farm Insurance Group said this week that it has paid out $1.75 billion on approximately 9,500 claims filed as a result ...

13don MSN

Big Homeowner Rate Hike from State Farm Shot Down by CA Regulator

“My goal is to make sure policyholders do not have to pay more than is required. In light of the recent Los Angeles ...

1hon MSN

State Farm's CEO for California discusses financial turmoil in unprecedented transcript

State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amounts to $600 per household, or run the risk that California’s largest insurer ...

insurancebusinessmag10h

State Farm tries to defend itself in auto case after insured admits negligence

The Mitsubishi driven by Hegedus was insured by State Farm through an automobile policy issued to Ali H. Farahat and Linda A.

9h

L.A. Affairs: My ‘Eat, Pray, Love’ life failed. Would returning to L.A. work out this time?

Despite changes in my life, I always took comfort from Eaton Canyon. Now that it's burned, I have to remind myself that ...

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