Lara’s conditions are that State Farm, the state’s biggest provider of homeowners insurance, commit to pause canceling and ...

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

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

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

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

The devastating wildfires that swept through the Los Angeles area earlier this year have resulted in more than $12.1 billion ...