Following last week’s approval of a 17% rate hike for homeowners by California Insurance Commissioner Ricardo Lara, State Farm Insurance is now seeking an additional rate hike. State Farm ...

California regulators had approved State Farm General a 17% interim rate increase for the homeowners' line in May. The immediate rate increase was to help "stabilize" State Farm General's ...

A week after winning emergency approval to raise Californians’ home insurance premiums, State Farm is seeking to boost that rate hike even higher to 30%. On May 13, the state’s largest ...

(KRON) — Following last week’s approval of a 17% rate hike for homeowners by California Insurance Commissioner Ricardo Lara, State Farm Insurance is now seeking an additional rate hike.

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 ...

Following a judge's ruling Monday, State Farm customers in California are one step away from paying more on their homeowners insurance to alleviate what the company described as a "dire" financial ...

Homeowners reeling from the wildfires in January say that State Farm’s increased rates are unfair and unfounded. By Rukmini Callimachi Earlier this year, Rukmini Callimachi traveled to Altadena ...

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 ...

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 ...

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 ...

The state's approval came after a three-day hearing in April where State Farm had to justify with data why the rate hike was necessary. In April, State Farm argued the emergency insurance rate ...