Should California’s largest insurance company be allowed to raise prices for consumers to preserve its financial viability? That question is at the heart of a highly unusual, multi-day rate hearing in Oakland that kicked off on Tuesday,

John Ramos reports on the first day of the Oakland hearing on State Farm Insurance arguing for an emergency rate hike that will impact millions of Californians.

The first day of a hearing has finished. A judge is set to decide whether or not to recommend the Insurance Commissioner allow the rate hike.

California's largest insurer, State Farm General, is seeking a 22% rate hike after $7.5 billion in wildfire losses. For insight into how climate change could impact coverage nationwide, Jeremy Porter,

But before giving his final sign-off, Lara ordered State Farm representatives to appear before an administrative judge to justify the company’s request — a rare move for a rate hike proposal. That multi-day public hearing starts Tuesday in Oakland and could last through Thursday.

Day two of a first of its kind emergency hearing in Northern California to determine if State Farm will get the rate increased it says it needs to stay afloat in California, On Your Side's Kristine Lazar gives details on the hearing with Consumer Watchdog's founder Harvey Rosenfield.