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The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...
The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
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 ...
(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 ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
The demonstration comes a week after State Farm presented its case for a 17% emergency rate hike — down from an initial 22% request to state officials in February — in an administrative ...
If the judge approves, starting in June the company's customers will see average increases of 17% for homeowners -- down from the 22% the insurer originally requested after it reached a deal with the ...
Those comments came during opening arguments in the first day of a highly unusual public hearing about a request by State Farm’s California operation for an emergency rate increase. State Farm ...
A hearing kicked off today at the California Insurance Department’s Oakland office as part of the process to determine whether State Farm can institute rate hikes across California. They'd ...
A public hearing began on Tuesday where State for State Farm to justrify their reason for a rate hike of as much as 38%, State Farm is seeking approval from insurance regulators for a 22% increase ...