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

Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...

Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an ...

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, ...

Price controls will suffocate a much more robust housing recovery in the Los Angeles area. What’s sad is that it was all so ...

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

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

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special charge of $1 billion on homeowners and insurance companies, the first such move ...

State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...

State Farm, the largest insurance company in California, has asked state regulators to immediately approve a steep rate hike ...

After the pandemic, most home insurers were fleeing wildfire-prone areas of California. But State Farm was there—and making a huge bet. It gobbled up market share—and generated substantial ...

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 ...