State Farm, the largest home insurer in California, continues to seek approval of a 22% emergency rate hike even as it faces complaints over its handling of insurance claims.
California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% ...
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...
California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the ...
The financial pressures underscore the rising risk stalking California property owners as climate change threatens to ...
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...
Thousands of insured homeowners affected by the recent wildfires are sharing the same frustration after the wildfires decimated their communities. Residents claim their insurance companies are not ...
State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.