In an exclusive interview with CBS News California Investigates, the California Insurance Commissioner announced a formal ...

Ricardo Lara, California’s Insurance Commissioner, announced a formal investigation into State Farm on Thursday, as complaints continue to mount about the insurer’s handling of claims from the ...

California's insurance commissioner has denied State Farm's request for an emergency rate hike — for now.On Feb. 3, State Farm submitted a request for an emergency interim rate, which would have ...

State Farm can soon start raising premiums by 17% for its California home insurance customers. State Insurance Commissioner Ricardo Lara approved the rate hike Tuesday.

The state of California approved State Farm's request for an emergency 17% increase in homeowners insurance rates as the company deals with financial challenges after the Los Angeles wildfires.

State Farm, which has said it lost more than $5 billion during the last nine years in California after paying out $1.26 for every $1 collected in premiums, laid out its case for the emergency rate ...

During the recent hearing in California and in the process that ensued, State Farm was forced to make some concessions — lowering the rate hike to 17 percent, from nearly 22 percent, as well as ...

Between 2022 and January 2025, after the wildfires ravaged Southern California, State Farm's surplus plunged from $2.24 billion to approximately $620 million, Seligman found, ...

AgNet West’s Nick Papagni, “The Ag Meter,” recently sat down with Ryan Jacobsen, CEO .....agriculture’s most pressing issues: ...

State Farm can soon start raising premiums by 17% for its California home insurance customers. State Insurance Commissioner Ricardo Lara approved the rate hike Tuesday.

California approves State Farm's request for 17% premium increase for homeowners State Farm can soon start raising premiums by 17% for its California home insurance customers. By Trn Nguyn.

SACRAMENTO, Calif. — 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 ...