The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for ...
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...
California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the ...
State Farm is coming to the assistance of homeowners, though perhaps not in the exact way they might want. Widespread ...
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
California’s insurance commissioner will approve State Farm’s rate increase request, if the company justifies the increase at a public hearing.
State Farm can raise homeowners, renters, condo, and landlord policy insurance rates in California— at least until April 8, when the state's largest property insurer must prove in a public hearing ...
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
A State Farm executive has been fired following the release of a recording where he said the company’s California rate hikes are “kind of” orchestrated, according to a Los Angeles Times story.
State Farm provides coverage to more than 1 million California homeowners. The company released a statement Friday saying the provisional rate increase was a "step in the right direction" it works ...
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