California insurer State Farm is asking regulators for another rate hike, less than a week after it was granted permission to temporarily charge an extra 17 percent for homeowners' insurance policies.

Some 1,600 insurance policies for Pacific Palisades homes were dropped by State Farm in July, six months before fires wiped out much of the community. Above, Pacific Palisades, on Feb. 5, 2025.

The decision, which California Insurance Commissioner Ricardo Lara adopted Tuesday, grants the company a $400 million cash infusion from its parent company and outlines a 17% increase for ...

Just months after fires devastated parts of Los Angeles, one of the leading home insurers in California, State Farm, is temporarily raising rates 17 percent. The sharp jump, after a 20 percent ...

State Farm General emergency rate hike granted after headwinds last year Last June, State Farm General disclosed it was seeking a 30% rate increase for home insurance rates in addition to rate ...

Associated Press Associated Press California approves State Farm’s request to hike home-insurance rates by 17% following wildfires By Associated Press Published: May 13, 2025, 10:29 p.m. ET Share ...

Some 1,600 insurance policies for Pacific Palisades homes were dropped by State Farm in July, six months before fires wiped out much of the community. Above, Pacific Palisades, on Feb. 5, 2025.