California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.

In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is needed now — which he says the company has “not met.” ...

California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...

Out-of-state wildfires and a potential loss of firefighting resources could impact homeowners insurance rates in Wyoming. This is in line with a national trend of increasing insurance rates, said ...

State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.

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

California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...

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

Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...