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 ...

The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...

The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...

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

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

The insurance industry admittedly may not be as glamorous as high-tech, investment banking, advertising, or Hollywood. After ...

Allstate Corp. said it expects about $1.1 billion in losses from the wildfires that destroyed Los Angeles County communities ...

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