State Farm Mutual Automobile Insurance Co., which also provides it with reinsurance. That reinsurance will lower the losses State Farm General must absorb to $212 million. But the company also ...

It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...

Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making ...

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

a unit of Illinois-based State Farm Mutual Automobile Insurance, estimated it will cost $7.6 billion to settle its wildfire claims, the Los Angeles Times reported. But reinsurance will lower its ...

Asking for an unnecessary bailout to the tune of millions of dollars from California homeowners will be my tipping point as a ...

Reinsurance, State Farm said ... based property insurer, the largest in California and a subsidiary of State Farm Mutual Automobile Insurance Co., said it has received more than 9,500 claims ...

Reinsurance is bought by insurers from other ... Lara asked for the $500-million capital infusion, noting State Farm Mutual had bailed out its Texas subsidiary State Farm Lloyd’s with $1.2 ...

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