News

A California judge has ruled the state’s bare-bones home insurance program’s handling of smoke damage claims is unlawful.
CheapInsurance.com reports a rise in home insurance policy cancellations due to climate-related risks, increasing costs, and ...
A federal judge in California is weighing whether to allow a proposed class-action lawsuit to proceed against State Farm ...
The farm uses groundwater, not Colorado River water. It's a nonrenewable resource, and like mining, different people and ...
State Farm, which serves approximately one million homeowners in California, said it is cooperating with the regulatory review. The company reported receiving about 13,000 wildfire-related claims and ...
Insurers including State Farm had difficulty doing business in California even before the wildfires. In 2023, State Farm and others stopped issuing residential policies because of the wildfire risk.
Some 1,600 insurance policies for Pacific Palisades homes were dropped by State Farm in July, six months before fires wiped out much of the community. Above, Pacific Palisades, on Feb. 5, 2025 ...
Some 1,600 insurance policies for Pacific Palisades homes were dropped by State Farm in July, six months before fires wiped out much of the community. Above, Pacific Palisades, on Feb. 5, 2025 ...
State Farm is asking for another increase less than a week after being granted a 17 percent rate hike for its homeowners' policies in California.
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 ...
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.
State Farm has argued the emergency rate hikes are necessary to help the company avoid a “dire” financial crisis that could force them to drop more California policies. The state’s largest ...