Los Angeles State Farm

State Farm, Los Angeles

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 · 2d

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,

State Farm, California and Insurance Commissioner

Hosted on MSN · 20h

California Gives State Farm Insurance Ultimatum

California's insurance commissioner met with State Farm executives Wednesday to discuss the emergency request for a rate hike.

The North Bay Business Journal · 14h

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.

CBS Los Angeles on MSN · 13d

California Insurance Commissioner asks State Farm to justify 22% insurance rate increase

Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

NBC Los Angeles on MSN22h

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 ...

3hon MSN

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 ...

Pasadena Star-News10d

State Farm’s rate hike shot down by California regulator

In the wake of last month’s Los Angeles fires, California Insurance Commissioner Ricardo Lara rejected State Farm’s ...

insurancebusinessmag8h

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.

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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