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

California's insurance chief gives green light to major rate hike for State Farm homeowners, but with some concessions ...

SACRAMENTO, Calif. (AP) — California's top insurance regulator on Friday said he would approve an emergency request by State ...

While the 22% average increase for homeowners insurance is provisionally approved by California's regulator, the carrier will ...

State Farm asked for a 21.8% increase for homeowner coverage and 15% for renters and condominium policies, according to an order from the department. State Farm also asked for a 38% increase for ...

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

State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.

Former State Farm Vice President Haden Kirkpatrick was fired by the insurance giant this week after he was recorded during a ...

It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...

A State Farm executive has been fired following the release of a recording where he said the company’s California rate hikes ...