California's insurance commissioner rejected State Farm General's plea for an emergency 22% increase in home insurance rates following the Los Angeles wildfires, stating that such a hike was not ...
Lara, who has been urging insurance companies to write policies in the state again despite increasing wildfire risks, says in a letter to State Farm executives that he needs more information before he ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.