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A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that rate hike even higher to 30%. On May 13, the state’s largest ...
California’s top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its ...
You can get in touch with Giulia by emailing: g.carbonaro@newsweek.com. California insurer State Farm is asking regulators for another rate hike, less than a week after it was granted permission ...
Following a judge's ruling Monday, State Farm customers in California are one step away from paying more on their homeowners insurance to alleviate what the company described as a "dire" financial ...
Jan. 20, 2025. Photo by Jules Hotz for CalMatters State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency ...
Insurance Commissioner Ricardo Lara adopted an administrative law judge’s ruling Tuesday and granted State Farm General an emergency 17% hike in its homeowner rates. The commissioner’s ...
Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...
State Farm has received temporary approval to raise homeowners' insurance rates by 17%, following a judicial hearing. A judge ruled Tuesday State Farm is allowed to raise insurance rates next month.
State Farm can soon start raising premiums by 17% for its California home insurance customers SACRAMENTO, Calif. -- California's top insurance regulator said Tuesday that State Farm can soon start ...
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State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California. The state’s largest ...