It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.

Under California law, insurance companies that request rate increases of 7% or more must go through a rate hearing if there ...

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

California insurance regulators have "provisionally" approved State Farm's request for a steep rate hike for homeowners following the devasting Los Angeles wildfires. On Friday, Insurance Commissioner ...

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's rate hike of 22% ...

Los Angeles County’s seasonally adjusted unemployment rate declined over the month to 6% in January from a revised 6.1% in December 2024, according to figures released Friday by the state Employment ...

California Insurance Commissioner Ricardo Lara said today he will grant State Farm’s request to raise home insurance premiums by 22% on average if the company agrees to certain conditions — and wins ...

California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...

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

State Farm General, California’s leading home insurance provider, has formally requested an emergency rate hike averaging 22% ...

Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response ...