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

OPINION- Here’s the likely outcome of the April 8 hearing set to follow the California insurance commissioner’s tentative mid-March approval of a 22 percent average rate increase for customers of ...

California Insurance Commissioner Ricardo Lara has allowed a provisional emergency interim State Farm home insurance rate increase following the January wildfires while raising questions about the ...