means that State Farm can raise premiums in California starting June 1. California is in the midst of a property insurance crisis, as recent years have seen several carriers cutting coverage in ...

State Farm asked on Feb. 3 for a nearly 22% emergency rate increase on home policies going into a hearing last month with the state's insurance commissioner and Consumer Watchdog. According to the ...

California's top insurance regulator ... more latitude to raise premiums in exchange for more policies in high-risk areas. Those rules kick in this year. State Farm initially asked for a 22% ...