SAN DIEGO (FOX 5/KUSI) — State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market.

Homeowners reeling from the wildfires in January say that State Farm’s increased rates are unfair and unfounded. By Rukmini Callimachi Earlier this year, Rukmini Callimachi traveled to Altadena ...

Giulia Carbonaro is a Newsweek reporter based in London, U.K. Her focus is on the U.S. economy, housing market, property insurance market, local and national politics. She has previously ...

SAN FRANCISCO (KGO) -- Starting next month, millions of Californians will see a sharp rise in their property insurance premiums as State Farm got the official green light from the state's ...

California’s top insurance regulator said Tuesday that State Farm can soon start raising premiums by 17% for all of its home insurance customers in the state to help the insurer rebuild its ...

WENDY HAS STATE FARM AND SAYS SHE’S BEEN BATTLING THE COMPANY TO PAY OUT CLAIMS SHE MADE AFTER HER HOUSE SUFFERED SIGNIFICANT SMOKE DAMAGE IN THE FIRE. I’D LIKE EVERY ONE OF THE STATE FARM ...

Insurance Commissioner Ricardo Lara adopted an administrative law judge’s ruling Tuesday and granted State Farm General an emergency 17% hike in its homeowner rates. The commissioner’s ...

Jan. 20, 2025. Photo by Jules Hotz for CalMatters State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency ...

Donate now. State Farm can raise homeowner and other rates starting next month, becoming the first insurance company to win approval to do so on an emergency interim basis in California.

That’s because they’re waiting for their insurer, State Farm, to approve and process their claims. “We were lucky our house made it through,” Valverde said. “At first we thought unscathed.