Attorneys for State Farm said if the rate increases are approved, the company has also agreed to seek $400 million in funds from its parent company.

Before the Southern California wildfires began in early January, Edison International was well positioned to grow faster than most utilities as California pursued ambitious clean energy targets. Now ...

Consumer Watchdog, which is opposed to the rate increase, said the insurance giant had argued it's too big to fail, which isn ...

The Colorado FAIR Plan officially launched on Thursday, which will provide some hope and relief for Colorado homeowners.

Thousands of homeowners in Nevada have seen their insurance policies canceled or not renewed due to wildfire risk.

The Colorado legislature in 2023 approved the Fair Access to Insurance Requirements Plan in response to a growing property ...

State Farm argues it needs additional funds to boost capital and avert an increasingly dire financial situation following the ...

Chubb's shares see 8% growth, but China exposure and tariffs pose risks. Read here to know why CB stock's fair value is $289 ...

During a public hearing on Tuesday, State Farm said rate hikes are needed to shore up its assets and stability.

A new report looks at the impacts the Los Angeles wildfires, potential tariffs and new statewide policy will have on rising ...

Thousands of homeowners in Nevada have seen their insurance policies canceled or not-renewed due to wildfire risk, prompting ...