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The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
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 ...
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.
In a hearing on Tuesday, State Farm went before the California Department of Insurance to explain with data why the $921 ...
During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.
The insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
Wednesday was the second day of a critical hearing that will decide whether State Farm, California’s largest home insurer, can raise rates by double digits.
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 ...
Michael Soller, the Deputy Commissioner of Communications for the Department of Insurance, says by law, Commissioner Ricardo ...
The California Department of Insurance held a hearing Tuesday to determine whether to approve State Farm's requested rate hike, which could increase premiums by as much as 38%. During the hearing, ...
State Farm agreed to lower its emergency rate increase request from 22% to 17% for California homeowners insurance policies.