California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm’s request to raise home insurance ...

The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.

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

(Bloomberg) -- California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed ...

The California Department of Insurance on Friday announced it had provisionally approved an emergency request by State Farm, ...

California Insurance Commissioner Ricardo Lara decided Friday to provisionally grant State Farm General's request for a 22% ...

California Insurance Commissioner Ricardo Lara said Friday he will grant State Farm’s request to raise home insurance ...

California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...

State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.

A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% ...

State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...