California’s home insurance market is running out of worst-case scenarios. But one threat still looms large: further pullback or even a complete exit by its biggest player by far, State Farm General.
California’s insurance commissioner denied State Farm’s request for a 22% rate hike to cover fire losses. But when the fires ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
With California dealing with a home insurance crisis, insurance providers say if they can't raise rates, everyone loses.
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
Business Insider on MSN11d
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 ...
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...
Over a dozen quakes clustered in or near Tres Pinos, in San Benito County, were recorded with a range of magnitudes between 2 ...
8don MSN
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 ...
California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting ...
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