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The lawsuit claims insurers conspired to force homeowners onto the FAIR Plan, a last-resort insurance program.
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A new lawsuit alleges that California's major insurers worked together to push higher premiums and lower coverage caps onto ...
The plaintiffs say these companies conspired to cancel existing policies and stopped issuing new ones in high-risk wildfire ...
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
California homeowners could soon see a sharp rise in insurance premiums as State Farm, the state's largest property insurer, seeks final approval for an emergency rate increase to address its wildfire ...
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 ...
The suit wants to stop a plan that passes millions of dollars to homeowners as part of the FAIR Plan, an insurer of last ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
The company has already put in other ... wildfires becoming commonplace in California, the home insurance market is in crisis. State Farm says it's been slowly losing money for the last 10 years.
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