The insurer asked the California Department of Insurance to raise rates by an average of 22 percent “to help avert a dire situation” as the company pays thousands of claims related to the fires. Turn up the volume on your real estate success at Inman On Tour: Nashville! Connect with industry trailblazers and top-tier speakers to gain powerful insights, cutting-edge strategies, and invaluable connections.
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State Farm says it has been struggling to handle insurance payouts from the Los Angeles wildfires, which devastated the city last month. The insurer asked the California Department of Insurance on Monday to increase rates in the state by an average […].
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