California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...

The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.

State Farm General had filed for an 22% rate hike for its homeowner policies, citing the wildfires and a £3.86 billion drop ...

If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...

A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...

The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...

On Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an ...

California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...

The video appears to have been recorded sometime after the Southern California wildfires, and references the Palisades Fire ...

State Farm has been given the green light to increase home insurance premiums by 22%, as long as the company can prove that ...

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