California insurance regulators have “provisionally approved” State Farm’s request for a massive rate hike for homeowners ...
University of California fire expert Yana Valachovic knows how to prevent wildfire damage — and she wants more people to do ...
State insurance regulators have unveiled a new plan to stabilize the home insurance market by pushing insurers to expand ...
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.
California’s insurance commissioner said his approval was conditioned on State Farm justifying its need for the increase by ...
The insurer, which has about 1 million home policies in the state, said the emergency rate would help it rebuild capital ...
Here’s how the moratorium works: If your insurance policy was active when a wildfire emergency was declared in your area, ...
If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...
State Farm asked for a 21.8% increase for homeowner coverage and 15% for renters and condominium policies, according to an order from the department. State Farm also asked for a 38% increase for ...
California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...
Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...
Insurance payouts for the January 2025 LA wildfires now exceed $12B, with claims still rising. Major insurers and reinsurers ...
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