Months before the Los Angeles wildfires sparked, State Farm’s California arm was already in trouble, it told state regulators. Its policyholder surplus — the cash it has on hand to pay out claims — ...

State Farm said it has paid more than $5 billion to policyholders affected by California wildfires earlier this year, as regulators in Los Angeles County and at the state level scrutinize its handling ...

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...

California’s top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its capital ...

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 the ...

Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California officials for an emergency interim rate increase. The rate hike could work ...