News

After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
Months after wildfires devastated Los Angeles, insurance giant State Farm submitted a request to hike rates for all of its ...
Insurance industry expert Karl Susman answers questions regarding the three-day State Farm hearing that wrapped up in ...
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 ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
State Farm, already seeking an emergency 22% rate hike for its basic homeowners insurance, is now asking to raise the price ...
Consumer Watchdog, which is opposed to the rate increase, said the insurance giant had argued it's too big to fail, which isn ...
State Farm could get the green light soon to raise premiums on California homeowners following public hearings this week, during which the insurance giant argued it needed the price hikes to ...
Veronica Macias reports on the California Department of Insurance hearing arguments from State Farm as the company pushes for ...