State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...

LOS ANGELES — California's insurance commissioner turned down a request by State Farm General for an emergency 22% hike of ...

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 ...

State Farm responded by saying that it “must seriously consider its options within the California insurance market going forward.” ...

In the aftermath of the Palisades Fire, firefighters work to put out a fire in the rubble of a home near Malibu on Jan. 9, 2025. Photo by Ted Soqui for Against the recommendation of his staff experts, ...

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 ...

The devastation caused by the twin blazes has raised fresh questions about whether the state — and its top insurance ...

California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now.

Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

State Farm General, California’s largest insurance provider, has requested an emergency interim rate hike averaging 22% for ...

"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an ...

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