The insurer had sought approval for an emergency rate hike in the wake of LA fires, which led to the call for a meeting on ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...
State Farm General has 20% market share, and said it “must seriously consider its options within the California insurance ...
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, setting up what could be a highly consequential showdown with the state’s biggest ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
After State Farm filed a request for a 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara requested a meeting with the company so they can explain their need for such an ...