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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.

The state of California approved State Farm's request for a double-digit increase in home insurance premiums to help the insurer deal with financial challenges following the wildfires that ...

California Insurance Commissioner Ricardo Lara approved an emergency rate hike request by State Farm that will allow the company to increase premiums on homeowners, renters and landlords.

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 DIEGO — Millions of State Farm Insurance customers in California will soon experience substantial rate hikes following an emergency increase approved by the state's Insurance Commissioner.

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 ...