Rukmini Callimachi

The state’s insurance regulator says the volume of complaints against the company following this year’s catastrophic wildfires in Los Angeles prompted the inquiry.Ricardo Lara, California’s Insurance Commissioner, announced a formal investigation into State Farm on Thursday, as complaints continue to mount about the insurer’s handling of claims from the catastrophic wildfires in Los Angeles. The

Homeowners reeling from the wildfires in January say that State Farm’s increased rates are unfair and unfounded.State Farm will be allowed to temporarily charge an extra 17 percent for homeowners’ insurance policies in California, after the state gave the company permission, in the wake of the catastrophic fires. The insurer will be allowed to charge