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State Farm, California's largest home insurer, is facing an unprecedented financial crisis following the destructive blazes ...
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State Farm is seeking approval for an emergency rate hike on California homeowners, according to CNBC. The insurance company ...
Attorneys for State Farm said if the rate increases are approved, the company has also agreed to seek $400 million in funds from its parent company.
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
Los Angeles-area residents whose homes survived the Eaton wildfire in January face a whole different set of struggles to ...
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 argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
The insurance company State Farm and the California Department of Insurance argue that the rate increase will shore-up the ...