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State Farm seeks rate hikes in California to offset wildfire payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.

Read the Full Reuters Article at:
[ https://www.reuters.com/business/finance/state-farm-seeks-rate-hikes-california-offset-wildfire-payouts-2025-02-04/ ]
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