It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it was underwriting.

State Farm reported that it has paid out $2.45 billion across 12,200 claims related to the January wildfires in Los Angeles, ...

State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.

State Farm General has paid out $1.26 for every $1 in premium it has collected — resulting in more than $5 billion in cumulative underwriting losses. It estimated that its direct losses from the ...

The bank now offers personal loans up to $50,000 to State Farm customers, the latest step in its effort to broaden its ...

Last month, S&P Global put State Farm General’s AA financial rating on a negative watch, citing its “weak underwriting performance over the past five years” and “potential earnings ...

The opportunity to offer U.S. Bank personal loans will be available to all State Farm agents and is the latest expansion of the collaboration between the two dating back to early 2020.

Last month, S&P Global put the State Farm General's AA financial rating on a negative watch, citing its “weak underwriting performance over the past five years” and “potential earnings ...

California Insurance Commissioner Ricardo Lara announced Friday he has "provisionally" approved State Farm's premium hike of 22% as the company reports dealing with financial struggles stemming ...