State Farm General Insurance Co. said it needs the jolt of money to buoy its finances following years of losses and the fires that ravaged the Los Angeles area in January.

State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.

State Farm General, already seeking an emergency 22% rate hike for its homeowners insurance ... also was granted increases for the umbrella policy of 15% and 40%, the first rate hikes since ...

State Farm is making its case this week for a major rate hike for California homeowners in a hearing that could prove crucial to the insurer's future. The state's largest property insurer needs ...

State Farm General has about 20% of California's homeowners market with nearly 3 million policies. The insurer has so far paid out over $2.75 billion on approximately 12,390 claims filed as a ...

Coinciding with an emergency property rate increase request pending for a million California customers, State Farm is seeking a 39% rate hike on personal umbrella policies. This type of coverage ...

State Farm corners about 20% of California’s homeowners market with nearly 3 million policies. So far, the insurer has paid out nearly 12,400 claims as a result of the fires and estimated direct ...