The financial pressures underscore the rising risk stalking California property owners as climate change threatens to ...
State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...
The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for ...
California’s top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates for roughly a million customers if the company can justify the hike at a ...
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.
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making ...
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike request in the wake of the devastating Los Angeles area wildfires.
California insurance regulators have provisionally approved State Farm’s request for a steep rate hike for homeowners following the devasting Los Angeles wildfires. On Friday, Insurance ...
California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...
California's top insurance regulator on ... The plan also needed a $1 billion bailout last month to pay out fire claims. State Farm, in a statement, called Lara’s decision a “step in the ...