California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires ...

Allstate said the wildfires blazed through Southern California last month will bring the insurance company a sizable loss – ...

State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.

The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...

The new estimate is nearly $500 million higher than the $2 billion the Northbrook, Ill.-based insurer projected earlier this month.

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

The California insurance commissioner on Friday rejected State Farm's request for a temporary 22% rate hike for homeowner ...

Progressive announced in its January report that it saw $43mn in catastrophe losses, with 72% of those losses occurring in personal property. The carrier’s personal lines net cat loss ratio totaled ...

In the wake of last month’s Los Angeles fires, California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for California homeowners ...

The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying ...

Liberty Mutual is anticipating losses from recent wildfires in California to exceed $1.4bn, this publication understands.