California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% ...

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...

Asking for an unnecessary bailout to the tune of millions of dollars from California homeowners will be my tipping point as a ...

The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.

The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...

California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...

California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm’s request to raise home insurance ...

(AP) — California's top insurance regulator ... 1.04 billion at the end of 2024 to $400 million after the fires, according to State Farm. The company is using its surplus and reinsurance to ...

State Farm, the state's largest insurer with roughly 1 million home insurance policies in California ... its capital following the Los Angeles wildfires that destroyed more than 16,000 buildings ...

Former State Farm Vice President Haden Kirkpatrick was fired by the insurance giant this week after he was recorded during a ...