Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases, ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
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 ...
After State Farm, California's largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara rejected the company's request Friday.
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
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California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now.