News

After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
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 — ...
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...
All eyes will be on the California Department of Insurance on Tuesday morning for its hearing on State Farm's emergency ...
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could ...
Should California’s largest insurance company be allowed to raise prices for consumers to preserve its financial viability?
State Farm has said the rate increase is needed following the Los Angeles wildfires that destroyed more than 16,000 ...
If approved, it’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
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 General has agreed to reduce its proposed interim rate increase for homeowners insurance in California from 21.8% ...