California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that ...
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, ...
The company requested immediate approval of interim rate increases effective May 1, amounting to 22% for homeowners, 15% for ...
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 ...