State Farm has so far paid out more than $2.5bn in claims relating to the Los Angeles (LA) wildfires. The company said that, ...

State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...

California's top insurance regulator on Friday said he would approve an emergency request by State Farm to raise premiums 22% on home insurance for about a million customers if the insurance giant ...

State Farm says the steep hike on homeowners is necessary to shore up its cash reserves in the event of another catastrophe. The insurer has said it expects to pay out about $7.6 billion in claims ...

Haden Kirkpatrick said State Farm’s decision to pull out of California’s insurance market was a calculated move in response to state regulations and financial concerns.

Haden Kirkpatrick, a top State Farm executive, said he was fired after being recorded in an undercover video making ...

A top State Farm executive has been fired after being caught on hidden camera making stunning and callous remarks about LA wildfire victims while revealing explosive claims about secret corporate ...

By Feb. 1, more than 8,700 LA wildfire-related claims totaling more than $1 billion were received by State Farm. State Farm General, the company's California-only subsidiary, has said that rate ...

State Farm, the largest home insurer in California, continues to seek approval of a 22% emergency rate hike even as it faces ...

The state’s largest insurer will have to present evidence justifying the rate increase at a public hearing scheduled for ...