Monthly Archives: February, 2025

State Farm seeks emergency insurance rate hike following LA County wildfires – NBC Bay Area

California’s deepening home insurance crisis is facing another big moment that could impact millions. The state’s largest home insurance company, State Farm wants to raise its rates. The company said it’s in a dire financial situation because of...

CDI says “serious questions” over State Farm’s financial condition

Over the past few years, an increasing number of Californians...

Car insurance prices jumped most for these states in 2024

The BriefCar insurance rates increased by 15% in 2024, a report from insurance comparison company Insurify found.The five states that saw the sharpest increase were: Minnesota, Maryland, California, Pennsylvania and Virginia.Rising auto insurance rates contributed to the financial...

State Farm seeks 22% rate hike for California homeowners to cover LA wildfire losses

State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike for homeowners to prevent a “dire situation” for its customers and the broader insurance market in the wake of...
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