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.

During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.

State Farm, California's largest property insurance provider, says it expects to pay out more than $7.5 billion in insurance ...

At an Oakland hearing Tuesday, attorneys for State Farm Insurance made their case for an emergency rate hike that could impact insurance rates for millions of Californians.

This week, State Farm will seek to convince state insurance regulators to finalize a steep emergency rate hike for homeowners across California in the wake of the devasting Los Angeles wildfires.

The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...

State Farm has requested an emergency hearing to increase insurance rates for homeowners and renters. The hearing could take days.

State Farm has said the rate increase is needed following the Los Angeles wildfires that destroyed more than 16,000 ...