Opinion: Insurance companies should sue Big Oil for climate change damage
State Farm raised California insurance rates significantly to cover losses from wildfires, prompting calls for accountability from oil and gas companies.
California's new fire maps won't push up insurance rates, industry says
"We don't use these maps to determine risk â our private data is more reliable and tailored to what we see on the ground." â Janet Ruiz, Insurance Information Institute representative.
California insurance commissioner rejects State Farm request for rate increase
State Farm must justify insurance premium increases under California Proposition 103, highlighting the scrutiny over their financial practices amid climate-related challenges.