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The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
In a hearing on Tuesday, State Farm went before the California Department of Insurance to explain with data why the $921 ...
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
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 ...
The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...
After a three day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.
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.
A public hearing was held Tuesday as State Farm requested an emergency rate hike. Their proposal could increase premiums by ...
A hearing kicked off at the California Insurance Department’s office in Oakland Monday morning as part of the process to ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.