The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...

State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe.

California Insurance Commissioner Ricardo Lara has provisionally accepted State Farm General’s request for an emergency 22% rate hike. State Farm, the state’s largest home insurer, made this request ...

The disaster has led to a confrontation between leading home insurance providers, including State Farm, and state regulators.

On Friday, Insurance Commissioner Ricardo Lara signaled his willingness to allow State Farm to raise homeowner rates by an ...

California Insurance Commissioner Ricardo Lara on Friday “provisionally” approved a 22% emergency increase for State Farm ...

(Bloomberg) -- California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed ...

Asking for an unnecessary bailout to the tune of millions of dollars from California homeowners will be my tipping point as a ...

California's top insurance regulator says he will approve an emergency request from State Farm to raise home insurance rates ...

Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...

Lara attended the Bermuda Risk Summit, an event in the Caribbean that is held by members of the insurance and reinsurance ...