State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.

State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...

State Farm, the largest insurance company in California, asked the state Monday for an emergency 22% rate increase for ...

And into this complicated picture comes Farmers Mutual Hail Insurance Company of Iowa (FMH) which has just announced its ...

State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...

State Farm Insurance, the largest insurance company in California, is asking regulators for the OK to raise property ...

Tyler and Thomas E. Leavey started Farmers Insurance in a small one-room office in downtown Los Angeles. What began as an auto insurance company for farmers has now become a multi-company ...

Insurance Commissioner Ricardo Lara said State Farm must answer more questions about its finances before the company can be approved for an emergency rate increase in response to the devastating fires ...

It’s a subsidiary of State Farm Mutual Automobile Insurance Company and is headquartered in Bloomington, Illinois. State Farm Bank offers checking and savings accounts, certificates of deposit ...

"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an insurance company can pay for any future claims for the risks it insures ...

State Farm has received more than 8,700 claims from the Los Angeles fires alone and paid more than $1 billion to customers, according to the company. The insurer expects to pay out significantly more, ...