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State Farm's emergency California rate hike denied

Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps

California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” financial situation after the deadly and destructive L.

LA Times on MSN · 4h

Insurance commissioner rejects State Farm's request for 22% emergency rate hike

Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate hike due to the Los Angeles fires unless the insurer can provide more evidence it is warranted.

KCRA Sacramento on MSN · 1h

California Insurance Commissioner demands more answers from State Farm on proposed rate hike

State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.

San Francisco Chronicle on MSN · 5h

State Farm's emergency California rate hike denied as insurance official demands proof of need

In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will not grant State Farm General’s request for an emergency rate hike in the wake of the Los Angeles wildfires.

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State Farm's emergency California rate hike denied

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