The insurance giant just unveiled a crucial update to a controversial policy. For a little over a week, Los Angeles has suffered fires that have so far burned over 12,000 structures and killed at ...
PEORIA, Ill. (WMBD) — State Farm is being accused of canceling thousands of fire insurance policies in California right before the massive wildfires. More than 10,000 homes and businesses have been ...
A journalist’s reporting outlines allegations that homeowners insurance payouts were reduced as state leaders consider legal intervention.
State Farm is projecting that by 2028, the number of policies it issues in California will drop by 1 million, as the insurance giant grapples with financial distress and pulls back from the Golden ...
As wildfires rip through the Pacific Palisades in Los Angeles County, California, hundreds have been left without homeowner’s insurance after State Farm cancelled their policies months ago, per a ...
This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Jessica Mendoza: Sandra, can you tell me about your house in L.A.? What words ...
State Farm General, already seeking an emergency 22% rate hike for its homeowners insurance, has asked California regulators for an even larger increase for its add-on umbrella insurance. The state’s ...
State Farm has come under heavy criticism for seeking a 22 percent rate hike, with a 38 percent increase for renters, in the wake of the devastating California wildfires. "It's not fair for State Farm ...
As the largest homeowners insurance company in the U.S., State Farm is able to offer reasonable rates, exceptional customer service and access to an army of over 18,000 agents, both in person and ...
State Farm will soon hike insurance rates on Illinois homeowners by more than 27%. That is effectively adding $746 to the average policyholder's annual premium. For comparison, the average homeowner's ...
With over a decade of experience as a personal finance writer, Jackie Lam simplifies complex financial topics for consumers who want to improve their financial situations, develop a healthy ...
State Farm canceled hundreds of homeowners’ insurance policies for residents in many of the same areas now in the path of the Southern California wildfires. The decision was announced in March, ...