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 ...
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...
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 General has 20% market share, and said it “must seriously consider its options within the California insurance ...
California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
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 ...
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
forcing some homeowners to go without fire insurance or to use the state-sponsored insurance plan, called the California FAIR ...