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In a hearing on Tuesday, State Farm went before the California Department of Insurance to explain with data why the $921 ...
State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...
The decision from this meeting will impact policyholders everywhere but particularly those who live in fire country — like ...
At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could ...
Veronica Macias reports on the California Department of Insurance hearing arguments from State Farm as the company pushes for ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
In June, State Farm asked the department to raise its prices for home policies by an average of 30%. Under California law, ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
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.
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...