May 14, 2025
By KAREN VELIE
Starting next month, State Farm can raise homeowner and other insurance rates by 17%. A judge ruled Monday that State Farm provided evidence of “extraordinary financial distress” following the Los Angeles-area wildfires.
State...
“In the middle of this insurance crisis, we want to make sure that companies continue to do business in California, and that more companies actually come back,” Michael Soller, a spokesperson at the California Department of Insurance, told...
ORINDA — If you have home insurance from State Farm, you will soon be paying more. That's after an administrative law judge in Oakland endorsed an emergency rate hike for the largest insurer in...
An administrative law judge endorsed a request by State Farm General to increase its homeowner rates by 17%, at least partially due to losses it suffered in the Jan. 7 fires in Los Angeles County. The decision also...