California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles ...

“Approving this rate hike without reviewing State Farm’s conduct would send a chilling message to every Californian: You can pay your premiums — but don’t count on your insurer when ...

This marks the second time State Farm has raised rates since March of last year. The latest emergency rate hike was approved by Insurance Commissioner Ricardo Lara after a judge ruled it was ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...

ORINDA — If you have home insurance from State Farm, you will soon be paying more. That's after an administrative law judge in Oakland endorsed an emergency rate hike for the largest insurer in ...

State Farm can raise homeowner and other rates starting ... fire survivors in a Zoom meeting over the weekend that the rate hike and the claims complaints were separate matters.

“Voter-approved Proposition 103 says a rate hike shouldn’t come before the rate justification, but that’s what happened here,” Balber added. The approval comes despite calls for the insurance ...