The company says it has received more than 8,700 claims and has already paid $1 billion to Southern California customers. "State Farm is having trouble remaining profitable in California and a big ...
"[State Farm is] telling the Department of Insurance, 'hey, it's time. We need to start bringing rates more in line with what the actual risks are here in Southern California in order for us to ...
State Farm is the largest home and auto insurer ... Last year’s pullback in policy coverage left many Southern California homeowners scrambling for coverage. Some were forced into the state ...