State Farm, already seeking an emergency 22% rate hike for its basic homeowners insurance, is now asking to raise the price of its umbrella liability coverage.

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 rate hikes, which could take effect as early as June 1 for many homeowners.

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 ...

During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.

The California Department of Insurance held a hearing Tuesday to determine whether to approve State Farm's requested rate ...

The demonstration comes a week after State Farm presented its case for a 17% emergency rate hike — down from an initial 22% request to state officials in February — in an administrative ...

State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.

She said the department "worked hard" to secure concessions from State Farm, including the reduction of the homeowner rate increase. The insurer also will get $400 million in a surplus note from ...

Consumer Watchdog, which is opposed to the rate increase, said the insurance giant had argued it's too big to fail, which isn't a proper legal argument.

At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians. State Farm -- the state ...

Months after wildfires devastated Los Angeles, insurance giant State Farm submitted a request to hike rates for all of its California customers. If approved by insurance regulators, there would be ...

Wednesday was the second day of a critical hearing that will decide whether State Farm, California’s largest home insurer, can raise rates by double digits.