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 ...
The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...
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 Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of policies ...
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State Farm is seeking emergency rate hikes of up to 38% for California homeowners, renters and landlords following wildfire losses.
California homeowners, already devastated by last month’s wildfires, could see their insurance ... February 1st, State Farm General (Fire only) has received more than 8,700 claims and has ...
SAN DIEGO — State Farm ... California homeowners. The insurance giant, which covers approximately one in five California households, reported receiving 8,700 claims from last month's wildfires ...