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 ...
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 ...
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 ...
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
The Washington Post on MSN15d
State Farm asks for insurance rate hike of 22 percent after L.A. firesState Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
CBS News on MSN13d
State Farm asks for approval to increase California home insurance rates by an average of 22%Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...
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