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.
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 ...