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And there are not enough lifeboats.” Those comments came during opening arguments in the first day of a highly unusual public hearing about a request by State Farm’s Califo ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
The California Department of Insurance will hold a meeting Tuesday over a request by State Farm for a $900-million rate hike.
On the second day of a hearing in Oakland, State Farm's request for a 22 percent increase in home insurance premiums ...
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
Remains of a house severely damaged by the Eaton Fire in Altadena on Jan. 20, 2025. Photo by Jules Hotz for CalMatters From ...
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...
During the hearing, State Farm was required to justify with data why the drastic $921 million rate hike is necessary. "The ...
All eyes will be on the California Department of Insurance on Tuesday morning for its hearing on State Farm's emergency ...
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could ...
State Farm seeks a 38% rate hike in California due to wildfire losses. A public hearing was held, with final approval pending ...