Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...

Just months before the Southern California wildfires, many insurance companies, including Allstate, backed out of the ...

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

Allstate Corp. said it expects about $1.1 billion of losses from the wildfires that ravaged swaths of Los Angeles last month.

As wildfire victims struggle to recover, California’s largest home insurer faces backlash over proposed rate increases.

State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.

The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...

Citing growing wildfire risks due to climate change and rising rebuilding costs, among other factors, State Farm has stopped ...

"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...

The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...

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, ...

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...