News

Hearing begins on State Farm’s home insurance price hike. Here’s what’s been said
State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires ...
Department of Insurance to hear State Farm's justifications for rate hike as high as 38%
During State Farm's last meeting with the commissioner, the company says it can cover claims from the LA fires, but deemed ...
Will State Farm General hike California home insurance rates 17%? No final answer as rate hearing closes
The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
CA insurance boss not present at hearing as State Farm makes case to raise insurance rates up to 38%
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
Insurancenewsnet.com2d
California Homeowners Could See Insurance Rates Jump 22% Under State Farm Plan
Consumer Watchdog Challenges State Farm's Emergency Rate Hike in California California homeowners could soon see a sharp rise in insurance premiums as State Farm, the state's largest property ...
SFGate13d
Insurance Coverage for Homes Along the Coast Puts Owners Under Pressure—but It's No 'Reason for Panic'
"Homeowners insurance is honestly becoming one of the more polarizing ... The company came under fire in January during the ...
CBS News7d
California officials seem receptive to State Farm Insurance's emergency rate hike request at Oakland hearing
the home insurance market is in crisis. State Farm says it's been slowly losing money for the last 10 years. On Tuesday in Oakland, its lawyers sat before Administrative Law Judge Karl Seligman to ...
State Farm faces questions about accuracy of rate hike amid conflict with expert witness
The expert witness currently has a consulting contract with the Department of Insurance where she not only has access to confidential information, but is specifically assessing rates for State Farm.