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After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
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 ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
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KFI AM 640 on MSNState Farm Seeks 38% Rate Hike in CaliforniaState Farm seeks a 38% rate hike in California due to wildfire losses. A public hearing was held, with final approval pending ...
Starting Tuesday, state regulators, consumer advocates and representatives of State Farm General were meeting in Oakland to make a final determination about whether the state’s largest insurer can ...
All eyes will be on the California Department of Insurance on Tuesday morning for its hearing on State Farm's emergency ...
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
State Farm has said the rate increase is needed following the Los Angeles wildfires that destroyed more than 16,000 ...
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