The insurance company says its finances are strained because of the Eaton and Palisades fires, from which it expects to pay ...

During the hearing, State Farm told a judge that it has been slowly losing money for the past ten years, and with ...

After a three-day hearing this week, State Farm is one step closer to approval for a rate hike on its California customers.

Attorneys for State Farm said if the rate increases are approved, the company has also agreed to seek $400 million in funds from its parent company.

The company claims it is in need of serious financial help following the wildfires in Southern California earlier this year. On Friday, Lara announced he will approve State Farm’s request ...

State Farm General has agreed to reduce its proposed interim rate increase for homeowners insurance in California from 21.8% ...

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

New emergency interim rate increases proposed by State Farm may mean steep hikes in insurance rates for property owners.

State Farm, the state's largest insurer with roughly ... Get top local stories in Southern California delivered to you every morning. Sign up for NBC LA's News Headlines newsletter.

Those comments came during opening arguments in the first day of a highly unusual public hearing about a request by State Farm’s California operation for an emergency rate increase. State Farm ...