Insurance commissioner Lara Seeks meeting with State Farm on rate request
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
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 ...
Santa Cruz Sentinel on MSN2h
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 ...
Los Angeles Magazine on MSN23h
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 ...
State's insurance commission denies State Farm's rate increase request
California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now. Commissioner Ricardo Lara sent a letter to the insurance provider on Friday stating that ...