Silhouetted figures observe a large wildfire engulfing the landscape, filling the sky with orange flames and smoke.

State Farm seeking 22% rate increase

Rising wildfire costs drive insurance giant to request steep premium hikes State Farm General Insurance has requested that the California Department of Insurance grant a 22% rate increase due to the magnitude and devastation of the recent wildfires last month in Los Angeles County. SFG made the request in a Feb. 3 letter to California’s…

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