The approval comes months after devastating wildfires, and will add an average $600 a year to homeowners’ bills.

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

Commissioner Ricardo Lara Lara wants the insurance giant to present evidence justifying the increase at a public hearing ...

It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.

California regulators have given State Farm General initial approval for a major home insurance rate hike later this year — but first, they want the insurer to pledge not to drop any more customers en ...

California insurance regulators on Friday granted an emergency request from State Farm to raise premiums by 22%, but there ...

The Newsom administration just informed the Legislature that it needs to borrow $3.4 billion to pay unexpectedly high costs ...

Lara attended the Bermuda Risk Summit, an event in the Caribbean that is held by members of the insurance and reinsurance ...

Immigrants lacking permanent status contribute approximately $8.5 billion in state and local taxes a year, according to an ...