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

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

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

State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...

It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.

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

A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...

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

State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.

A State Farm executive has been fired after an undercover video of him discussing the company’s request for insurance rate ...

State Farm has been given the green light to increase home insurance premiums by 22%, as long as the company can prove that ...

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