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WATCH THE HEARING LIVE: In the Matter of the Rate Application of: STATE FARM GENERAL INSURANCE COMPANY Rate hearings are rare ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
This one’s different because California Insurance Commissioner Ricardo Lara called it hastily about a month ago, after State Farm made a unique request: It asked Lara to immediately approve ...
New emergency interim rate increases proposed by State Farm may mean steep hikes in insurance rates for property owners.
The cost of living in California is steep, and that includes car insurance. Drivers pay some of the highest premiums in the ...
The financial pressures underscore the rising risk stalking California property owners as climate change threatens to deepen the turmoil in the insurance market.