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.

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.

If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...

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

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

Former State Farm Vice President Haden Kirkpatrick was fired by the insurance giant this week after he was recorded during a ...

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

Kirkpatrick, who joined State Farm in 2021 and had started his insurance career in 2015 with Esurance, told the LA Times that ...

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.