State Farm's emergency California rate hike denied

Big Homeowner Rate Hike From State Farm Shot Down by California Regulator
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that would have averaged 22% for homeowners.
California regulators reject — for now — State Farm’s emergency rate hike request
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in response to the company’s request for emergency approval of a steep rate hike for homeowners in the wake of the Los Angeles wildfires.
State Farm's "Emergency" Rate Hike Gets Cold Shoulder From Insurance Commissioner
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase request
California rejects State Farm's request for 22% rate hike
The California insurance commissioner on Friday rejected State Farm's request for a temporary 22% rate hike for homeowner policies, as the company deals with claims from the Southern California wildfires.
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an average of 22%.
CA Insurance Commissioner rejects State Farm’s emergency 22% rate hike request – for now
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
State Farm asks for insurance rate hike of 22 percent after L.A. fires
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in the history of the company.”
State Farm asks California to approve rate hikes after wildfires
State Farm is asking California's insurance regulator to approve an emergency rate hike due to the number of claims it received after last month's devastating wildfires.
State Farm asks for 'emergency' 22% homeowners' insurance rate hike in wake of LA wildfires
You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance Monday warning of its "dire" financial situation in the wake of the Los Angeles County wildfires - requesting an "emergency" rate hike.
State Farm seeks rate hikes in California to offset wildfire payouts
California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last month.
State Farm's emergency California rate hike denied as insurance official demands proof of need
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will not grant State Farm General’s request for an emergency rate hike in the wake of the Los Angeles wildfires.
State Farm Was All In on California—Until It Pulled the Plug Before the Fires
The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...
California State Farm homeowners frustrated by rejected water damage claims. ‘No basis’
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
California's last-resort home insurer is getting a $1 billion bailout. Homeowners could be on the hook for some of the bill.
The bailout will be funded by the state's private insurers, but a new rule says they they can pass up to half of the cost on ...