News

The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
In a hearing on Tuesday, State Farm went before the California Department of Insurance to explain with data why the $921 ...
Attorneys for State Farm said if the rate increases are approved, the company has also agreed to seek $400 million in funds from its parent company.
After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% ...
A hearing kicked off at the California Insurance Department’s office in Oakland Monday morning as part of the process to ...
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 ...
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.