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Months after wildfires devastated Los Angeles, insurance giant State Farm submitted a request to hike rates for all of its ...
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
State Farm, already seeking an emergency 22% rate hike for its basic homeowners insurance, is now asking to raise the price ...
Insurance industry expert Karl Susman answers questions regarding the three-day State Farm hearing that wrapped up in ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
CA insurance boss not present at hearing as State Farm makes case to raise insurance rates up to 38%
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
In February, the insurer requested that insurance regulators approve 22% rate hikes on homeowners. It has since lowered its request to a 17% increase. Attorneys for State Farm said at the hearing ...
Consumer Watchdog, which is opposed to the rate increase, said the insurance giant had argued it's too big to fail, which isn ...
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