News

Homeowners Sue, Accuse Insurance Companies Of Collusion After LA Fires
The plaintiffs say these companies conspired to cancel existing policies and stopped issuing new ones in high-risk wildfire ...
Hearing begins on State Farm’s home insurance price hike. Here’s what’s been said
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
California Insurer's Major Emergency Rate Hike Request Under Scrutiny
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
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 ...
State Farm looks to raise property insurance rates in wake of deadly Los Angeles wildfires
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
Los Angeles Times2d
Property owners sue California insurance companies over alleged ‘collusion’ following wildfires
“Homeowners across the state should not be on the hook for the L.A. fires because insurance companies abandoned ... Earlier this month, State Farm proposed a 17% emergency rate hike — down ...
Hearing on State Farm’s 22% emergency rate hike request starts this week
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 ...