If the increase is approved by the California Department of Insurance, the rate change will be effective upon renewal on or after May 1.

State Farm, which already has rate increase requests pending, asked state officials to approve more insurance price increases ...

Next-door neighbors lost their near-identical homes in a California wildfire, but how they are navigating rebuilding is a ...

State Farm has asked the state's insurance commissioner for approval to increase premiums on homeowners, citing financial ...

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

The largest insurer in California claims it is in a “dire” financial situation after paying out $1 billion to customers ...

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

State Farm, California’s largest insurer, announced it would no longer accept new property and casualty insurance applications. Then, last year, the company declined to renew 72,000 home ...

In an email to CBS MoneyWatch, State Farm said, "Our No ... offer coverage in wildfire-prone areas. The ultimate goal of the new rules is to get homeowners out of the FAIR Plan, California ...

State Farm and Allstate, two major providers of homeowners’ insurance in California, announced in 2023 that they would no longer issue new policies in the state. Both companies cited reinsurance ...

“My family and I have no insurance ... move.” Homeowners in California traditionally had the option of either admitted or non-admitted carriers. Admitted carriers, like State Farm, Allstate ...