Business
California’s insurance commissioner erred in ordering State Farm to lower homeowners and renters insurance rates in California, a judge ruled Friday in a decision that sidestepped an unresolved question over the reach of Proposition 103 — but still drew criticism from the initiative’s author.
March 27, 2018
California
State Farm announced this week it will not renew 72,000 policies in California amid a tight insurance market.
March 23, 2024
Thousands of Californians who won’t see their home insurance renewed by State Farm this summer are homeowners in Los Angeles County.
April 10, 2024
The company blames ‘increases in construction costs outpacing inflation, rapidly growing catastrophe exposure and a challenging reinsurance market.’
May 27, 2023
In a move to boost its presence in inner-city Los Angeles, State Farm Mutual Automobile Insurance Co. said Monday that it will relax its no-growth policy in a large section of the central city and Compton, making available up to $2.2 billion of new homeowners and renters insurance.
March 7, 1995
Politics
State Farm Insurance Cos., California’s largest insurer, does not owe rebates to policyholders under Proposition 103, an administrative law judge has concluded.
Dec. 15, 1995
Insurance: The proposed reductions are part of long-delayed Prop. 103 reforms.
March 6, 1997
Greenspace
This article was originally on a blog post platform and may be missing photos, graphics or links.
Dec. 6, 2010
World & Nation
For insurers, Hurricane Iniki is but a breeze compared with the ferocious gales that ravaged South Florida last month.
Sept. 15, 1992
A state legislative committee overseeing the insurance industry has hired a former lawyer for State Farm as a top advisor, alarming consumer activists who say the move is the latest spin of a busy revolving door between government and the industry.
April 11, 2009