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If the judge approves, starting in June the company's customers will see average increases of 17% for homeowners -- down from the 22% the insurer originally requested after it reached a deal with the ...
State Farm is seeking approval for an emergency rate hike on California homeowners, according to CNBC. The insurance company ...
California homeowners could soon see a sharp rise in insurance premiums as State Farm, the state's largest property insurer, seeks final approval for an emergency rate increase to address its wildfire ...
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 insurance company has filed for an increase on personal umbrella liability coverage, affecting hundreds of thousands of ...
The hearing into whether State Farm General can implement a major rate hike to restore its financial stability is finished — ...
State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the devastating Los Angeles wildfires.