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.
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that ...
State Farm argued the rate hikes are justified due to the high risks the company has underwritten, particularly after ...
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
State Farm has treated some water claims as if they were the result of ongoing issues, even when homeowners report them as ...
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
Citing the "dire" financial situation they're facing after the Los Angeles wildfires, State Farm General has asked California ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, ...
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Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...