State Farm in late 2014 asked the department for permission to raise its homeowners, renters and condo insurance rates an average of 6.9%. Two advocacy groups, Consumer Watchdog and the Consumer ...

If approved by regulators, State Farm will require customers to have a minimum 1 percent deductible for all claims, and the company is eliminating the options for flat-dollar deductibles that ...

State Farm’s newly approved emergency rate hike for homeowners insurance is triggering concerns about affordability and increased strain on the housing market. The change is set to take effect ...