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Editorial | State Farm’s huge rate hikes add to worsening insurance crisis throughout state

Summary by Santa Cruz Sentinel
The recent devastating fires in Los Angeles are going to make the state’s insurance crisis that much worse for home and property owners in much of California including those some 350 miles away in Santa Cruz County. The news that State Farm, the largest insurance company in the state, has asked regulators to let it raise property insurance rates by an average of 22% should not have been all that surprising, considering what has come before as wi…

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The Santa Barbara IndependentThe Santa Barbara Independent

State Farm Asks for More Insurance Rate Increases after L.A. Fires

State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases.

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Santa Cruz SentinelSanta Cruz Sentinel

Editorial | State Farm’s huge rate hikes add to worsening insurance crisis throughout state

The recent devastating fires in Los Angeles are going to make the state’s insurance crisis that much worse for home and property owners in much of California including those some 350 miles away in Santa Cruz County. The news that State Farm, the largest insurance company in the state, has asked regulators to let it raise property insurance rates by an average of 22% should not have been all that surprising, considering what has come before as wi…

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Cal MattersCal Matters

State Farm asks for more insurance rate increases after LA fires

In summary State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases. State Farm, the largest insurer for California homeowners, this week asked the state to approve “emergency” rate increases for insurance policy holders, saying the recent Los Angeles County fires have imperiled its finances.  The company […]

·Sacramento, United States
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Zero HedgeZero Hedge

State Farm Asks California Insurance Department For Emergency 22 Percent Rate Increase

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

·United States
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altnews.orgaltnews.org

State Farm Asks California Insurance Department For Emergency 22 Percent Rate Increase – altnews.org

Authored by Jill McLaughlin via The Epoch Times (emphasis ours), California’s largest home insurer asked the state’s insurance department for

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Oakland News Online Oakland News Now BlogOakland News Online Oakland News Now Blog

State Farm Seeks Emergency Insurance Rate Increase

Oakland News Now – State Farm seeks emergency insurance rate increase – video made by the YouTube channel with the logo in the video’s upper left hand corner. OaklandNewsOnline.com is the original blog post for this type of video-blog content. State Farm announced it is looking to raise insurance rates on average of 22%. Camilla Rambaldi reports for the NBC4 News at 7 p.m. on Feb. 3, 2025. via IFTTT Note from Zennie62Media and OaklandNewsOnlin…

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Zero Hedge broke the news in United States on Tuesday, February 4, 2025.
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