Rate hikes, capital injection, and reinsurance shape insurer’s California response
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, as loss totals continue to rise.
Rate hikes, capital injection, and reinsurance shape insurer’s California response
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, as loss totals continue to rise.