California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...

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

Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will not grant State Farm General’s request for an emergency rate hike in the ...

The combined losses for major U.S. insurers AIG (AIG), Travelers (TRV), Chubb (CB) and Allstate (ALL) from the catastrophic ...

The stock had slumped 25% after the fires to around $50 as investors made the small-cap company into a focused bet on ...

New CEO Reid Spitz said 90% of HDVI’s customers saw improvements in key safety metrics like speeding or harsh braking in ...

The plan will impose a special charge on homeowners and insurance companies to cover $1 billion in L.A. wildfire costs ...

Green Delta Insurance reported a 12% decline in its consolidated profit for 2024, mainly due to lower premium income.

The California Department of Insurance approved a 12% rate increase for Mercury General's California homeowners insurance ...

CT legislators introduced a bill to provide some relief from large rate hikes, but at a hearing, policyholders said it needs ...

Despite wildfires and hurricanes, insurance stocks have kept pace with the major indices. TD Asset Management's Brandon Merkosky discusses the opportunities and risks for the sector.