NBC Los Angeles on MSN4d
State Farm estimates $7.6 billion in LA wildfire losses, continues seeking interim rate requestState Farm Insurance Group said this week that it has paid out $1.75 billion on approximately 9,500 claims filed as a result ...
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put California's largest insurer in dire financial straits.
Insurer estimates $7.6 billion to settle its wildfire claims, mostly paid by reinsurance provided by its parent company.
While continuing to be shrouded in controversy as it threatens to drop more policies if its California rate hike is rejected, ...
The efficacy of price controls on California's insurance industry that keep premiums artificially low is in question after the Los Angeles fires.
Then-Gov. Jerry Brown signed the California Values Act into law in 2017, limiting state and local law enforcement's ...
Los Angeles County Sheriff’s Department homicide detectives are investigating the fatal shooting of a teenage boy in an ...
Insurance companies are pulling out of California to dodge wildfire risk. What can you do if it happens to you?
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