California’s state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...

The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...

State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...

Capital is necessary so an insurance company can pay for any future claims for the risks it insures," State Farm General said in an open letter to the California Department of Insurance.

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

Capital is necessary so an insurance company can pay for any future claims for the risks it insures," State Farm General said in an open letter to the California Department of Insurance.

FAIR currently covers about 451,000 policies in California, according to the California Department of Insurance. Here's what to know about the increase in California home and insurance policyholders.

Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...