Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

AP reporters Sally Ho and Tran Nguyen uncovered how California’s wildfire crisis is deepening inequality in the state’s ...

Harvey Rosenfield, Consumer Watchdogs, talks about the California FAIR Plan’s $1 billion bailout and the plan to impose a ...

Fire and hurricane losses cast a shadow over insurance stocks. But a deep dive shows several positives lining up for the ...

After the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California homeowners ...

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires ...

State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.

The FAIR Plan is funded by pooled money from insurers in the state in exchange for covering high risk properties ...

Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...

As California grapples with a home insurance crisis, Insurance Commissioner Ricardo Lara is taking action he says will save ...

After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...

Arizona led the U.S. for the biggest jump in home insurance rates between 2019 and mid-2024, when home insurance costs ...