If approved, it’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes, which could take effect as early as June 1 for many homeowners.

State Farm, already seeking an emergency 22% rate hike for its basic homeowners insurance, is now asking to raise the price of its umbrella liability coverage.

The California Department of Insurance held a hearing Tuesday to determine whether to approve State Farm's requested rate hike, which could increase premiums by as much as 38%.

State Farm seeks a 38% rate hike in California due to wildfire losses. A public hearing was held, with final approval pending from Insurance Commissioner Ricardo Lara. Consumer Watchdog opposes the ...

During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.

Months after wildfires devastated Los Angeles, insurance giant State Farm submitted a request to hike rates for all of its California customers. If approved by insurance regulators, there would be ...

Wednesday was the second day of a critical hearing that will decide whether State Farm, California’s largest home insurer, can raise rates by double digits.

State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.

(KGO) -- State Farm is one step closer to making their case to raise property insurance rates for millions of California policyholders. But Consumer Watchdog, the only group fighting the hike ...

(KGO) -- The California Department of Insurance will host its first hearing on Tuesday to determine whether State Farm should be granted a nearly billion-dollar "emergency rate hike." It's the ...

Consumer Watchdog, which is opposed to the rate increase, said the insurance giant had argued it's too big to fail, which isn't a proper legal argument.