Archive

Lloyd's syndicates reveal LA fire loss expectations

Infernos will be "devastating to the state and [its] insurers," says Ariel Re

Swiss Re and RGA participate in £10bn longevity swap for UK pension scheme

State Farm wins provisional nod for 22% Californian homeowner rate hike

But group must still prove it needs the hike, and inject $500m into non-life unit

State Farm swings to $5.3bn net profit in 2024

US insurer has paid out $2.2bn so far for LA wildfires, says CFO

Consumer Watchdog dubs State Farm's rate hike bid a "backroom bailout"

Consumer advocates, State Farm and Ricardo Lara met yesterday

State Farm General says it "would be insolvent" without reinsurance for LA fires

SFG meets California's Insurance Commissioner today to request 22% rate hike

Zurich posts record $7.8bn profit

The California Wildfires cost Zurich $200mn

State Farm "very disappointed" Ricardo Lara has not approved 22% home rate hike

California's insurance commissioner has demanded State Farm General further justify its request

State Farm petitions Ricardo Lara for "immediate emergency" 22% home policy rate hike

US insurer wrote to California's Insurance Commissioner yesterday

California fires heap pressure on state's FAIR Plan

Moody's says FAIR Plan now "working far beyond its original brief"