Insurance department investigates State Farm over Los Angeles fire survivors’ smoke damage claims as insurer awaits approval of rate increase.

ALPINE, Calif. (KGTV) — State Farm customers across California are preparing for a drastic rate hike that takes effect on ...

A State Farm executive has been fired after he was secretly recorded alleging that the insurance company hiked rates for California homeowners reeling from the devastating Los Angeles wildfires.

Insurance Commissioner Ricardo Lara adopted an administrative law judge's recommendation Tuesday and granted State Farm ...

During a Feb. 26 meeting at the Department of Insurance's Oakland office, State Farm told the commissioner it would be able to cover thousands of claims from the deadly wildfires in January which ...

Also see: State Farm Says LA wildfire losses total $7.6 billion ... He also acknowledged that wildfires in these areas are not surprising to insurance professionals. “Climate change is pushing ...

State Farm secured the expedited rate hike after asserting it was in financial distress and expected $7.6 billion in claims ...

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 Farm has argued the emergency rate hikes are necessary to help the company avoid a “dire” financial crisis that could force them to drop more California policies.

State Farm seeks to increase California home insurance rates by 30 percent, following an approved emergency 17 percent ...