This week, State Farm will seek to convince state insurance regulators to finalize a steep emergency rate hike for homeowners across California in the wake of the devasting Los Angeles wildfires.

Months after wildfires devastated Los Angeles, insurance giant State Farm submitted a request to hike rates for all of its California customers. If approved by insurance regulators, there would be ...

State Farm asked Commissioner Lara to immediately approve emergency interim rate increases of an average 22% for homeowners.

In early February, State Farm asked California Insurance Commissioner Ricardo Lara to approve emergency interim rate increases, saying the Los Angeles Country fires had worsened its financial ...

Appel testified that he believes the 17% emergency increase State Farm is requesting will result in financial stability for the insurer. The California Department of Insurance supports State Farm ...