Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...

Insurance payouts for the January 2025 LA wildfires now exceed $12B, with claims still rising. Major insurers and reinsurers ...

California regulator mulls State Farm’s request for 22% premium hike for homeowners after Los Angeles fires. A final decision ...

California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...

California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm ...

Consumer Watchdog, a consumer advocacy group that opposed State Farm’s request, said the 22% increase could equate to an additional $600 annually for homeowners.

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...

State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.

A hearing five years in the making is finally being discussed.Early last week, the California State Assembly Judiciary ...

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

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...