NBC Los Angeles on MSN1d
State Farm estimates $7.6 billion in LA wildfire losses, continues seeking interim rate requestState 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. Direct losses reported and unreported is estimated to be $7.
State Farm, Los Angeles
· 2d · on MSN
State Farm says LA wildfire losses total $7.6 billion
· 3d · on MSN
State Farm says it will pay $7.6 billion for L.A. fires but reinsurance will slash losses
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,
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