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 ...
State Farm faces more than $600M in losses from LA wildfires
Insurer estimates $7.6 billion to settle its wildfire claims, mostly paid by reinsurance provided by its parent company.
NBC Los Angeles3d
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 of the January wildfires in Los Angeles County.
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.
Pasadena Star-News12d
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 ...
Price controls on California home insurance scrutinized after Los Angeles fires
The efficacy of price controls on California's insurance industry that keep premiums artificially low is in question after the Los Angeles fires.
insurancebusinessmag2d
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.
Artemis4d
State Farm pegs LA wildfire loss at $7.6bn, with $212m retained after reinsurance
US primary insurance giant State Farm has said that its direct losses from the Los Angeles, California wildfires are ...