California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% as the company reports dealing with financial struggles stemming from the ...

State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.

California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed at stabilizing ...

The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for ...

California Insurance Commissioner Ricardo Lara has allowed a provisional emergency interim State Farm home insurance rate increase following the January wildfires while raising questions about the ...

California Insurance Commissioner Ricardo Lara said Friday that he will grant State Farm’s request to raise home insurance premiums by 22% on average if the company agrees to certain conditions -- and ...

State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...

California Insurance Commissioner Approves Major FAIR Plan Expansion to Help HOAs, Builders, Farmers, and Businesses Access ...

The hearing, which is scheduled to start at 9:30 a.m. Wednesday, will be the first Lara attends on the state's insurance ...

Last week, California Insurance Commissioner Ricardo Lara approved a significant expansion of the California FAIR Plan’s ...

State Farm can raise homeowners, renters, condo, and landlord policy insurance rates in California— at least until April 8, when the state's largest property insurer must prove in a public hearing ...

The Department of Insurance said Commissioner Ricardo Lara went to Bermuda to deliver a keynote address at a conference for ...