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 — ...

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 ...

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 ...

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 ...

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 ...

Insurance Commissioner Ricardo Lara rejected State Farm's request for a temporary 22% rate hike. Lara called for a meeting with State Farm to answer questions about the company's financial condition.

California on Tuesday approved a 17% emergency rate hike for State Farm after the state’s largest insurer made an emergency request following January wildfires that devastated two Los Angeles ...