The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for ...

State Farm justified its rate hike by claiming it is paying out $1.26 in claims for every dollar it collects in premiums, resulting in the loss of $5 billion in the last nine years.

California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate ...

University of California fire expert Yana Valachovic knows how to prevent wildfire damage — and she wants more people to do ...

California's insurance chief gives green light to major rate hike for State Farm homeowners, but with some concessions ...

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...

State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.

State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...

It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...

Writing new policies doesn’t make any sense at this time,” State Farm General insurance told the state insurance commissioner this week. It wants to increase its rate by 22%.