In April, the company argued the emergency rate hike would help State Farm rebuild its capital after the wildfires.

As State Farm’s financial condition improves, policyholders will get a one-time, 2.5% premium discount when they renew.

A proposed settlement means some State Farm policyholders won’t see additional increases, and others could get refunds.

Farmers Insurance Group, California’s second-largest home insurance company, is seeking a rate hike amid plans to lift a cap on the number of new homeowner polices it writes each month in the state.

This is read by an automated voice. Please report any issues or inconsistencies here. The California FAIR Plan, the state’s home insurer of last resort, is seeking an average 35.8% rate hike, its ...

A proposed settlement would keep some State Farm property insurance rates from rising again in California, and would give refunds to some customers ...

One in eight homeowners in California might experience a spike in their insurance rates due to planned increases by two companies. Mercury Insurance is the state's third-largest provider of home ...

Mercury Insurance is preparing to file updated home policy rates in California using a new catastrophic modeling system designed to give property owners a lifeline to more affordable coverage in ...

WE BEGIN WITH BREAKING NEWS. THAT BREAKING NEWS. POTENTIAL RELIEF TO THE STATE’S INSURANCE CRISIS. GOVERNOR GAVIN NEWSOM SAYS SOME OF THE INSURERS WHO LEFT OR LIMITED COVERAGE IN THE STATE OVER RISING ...