The Bloomington-based insurer already has paid out more than $1 billion in claims from recent wildfires that have ravaged the ...

State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it ...

Why it matters: State Farm has the most California customers out of any other insurer, according to the company. It expects ...

Citing what it calls a potentially “dire situation,” State Farm on Monday asked California for permission to hike insurance rates by an average of 22%. In the wake of the Los Angeles-area ...

Capital is necessary so an insurance company can pay for any future claims for the risks it insures," State Farm General said in an open letter to the California Department of Insurance.

SAN FRANCISCO -- If your home is covered by State Farm, you could face a 22% rate hike. The company sent a letter to the California Dept. of Insurance warning of its 'dire' financial situation in ...

State Farm asked California on Monday if it could hike home insurance rates in the state by an average of 22% to address what it has claimed was a potentially “dire situation” related to ...

By Soumya Karlamangla Reporting from San Francisco State Farm, the largest homeowners’ insurance company in California, asked state insurance regulators on Monday to urgently approve a 22 ...

State Farm, California’s largest home insurance provider, is seeking to raise home insurance rates by an average of 22% following the devastating wildfires that swept across the state.

State Farm, the largest insurance company in California, has asked regulators to let it raise property insurance rates by a staggering average of 22 percent, writing in a letter Monday that the ...