SACRAMENTO, Calif. - With over a million homeowner policies in effect, State Farm finds itself at odds with an insurance Commissioner who has pretty much granted the insurance giant most of what ...

ALPINE, Calif. (KGTV) — State Farm customers across California are preparing for a drastic rate hike that takes effect on June 1. California’s largest insurance company said the rate increase ...

State Farm representatives had initially sought a 30% rate increase in June of 2024. On Tuesday, a company spokesperson clarified that the company was not seeking 30% on top of the hike approved ...

State Farm General says it is “still pursuing” an overall homeowners rate increase of 30%, just a week after the company was granted a double-digit emergency interim rate hike by the ...

Some 1,600 insurance policies for Pacific Palisades homes were dropped by State Farm in July, six months before fires wiped out much of the community. Above, Pacific Palisades, on Feb. 5, 2025.

California insurer State Farm is asking regulators for another rate hike, less than a week after it was granted permission to temporarily charge an extra 17 percent for homeowners' insurance policies.

The state of California approved State Farm's request for an emergency 17% increase in homeowners insurance rates as the company deals with financial challenges after the Los Angeles wildfires.

As State Farm remains the biggest home insurers in California, representing 20.7 percent of the state's market, Seligman recommended regulators approve the company's emergency request for a rate ...

State Farm has gotten approval to raise insurance rates for homeowners starting in June. The "emergency" rate hike was approved as customers continue to feel the devastating wildfires' lasting impact.

State law requires insurance companies to justify increases before they take effect. But that didn't happen here. Instead, the interim increase will go into effect on June 1.