State Farm reveals $6.85bn loss estimate from California wildfires in rate filings
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State Farm reveals $6.85bn loss estimate from California wildfires in rate filings

The insurer disclosed the estimates as it seeks emergency rate hikes from regulators.

By Clark Mindock
February 12, 2025
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State Farm has reported a loss estimate of at least $6.85bn from the California wildfires as a part of its request for emergency rate relief from state regulators.

The

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Topics

News State Farm Personal lines Regulation California Catastrophe losses
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