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The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
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 ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
If the judge approves, starting in June the company's customers will see average increases of 17% for homeowners -- down from the 22% the insurer originally requested after it reached a deal with the ...
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
When asked if State Farm's proposed rate increase for California is justified, Democratic Senator Adam Schiff told CBS News, "I would like to leave that to the state legislative committee ...
Insurance industry expert Karl Susman answers questions regarding the three-day State Farm hearing that wrapped up in ...
After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers. This story was originally published by CalMatters. Sign up for their ...