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 ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
In a Feb. 14 letter, Lara informed State Farm that the company had not met the burden of proof required for emergency ...
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.
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
State Farm wants to raise home insurance rates for Californians by an average of 22% after the company paid out roughly $1 billion in claims due to the Los Angeles fires. As the largest home ...
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
A pickup truck crashed into a Cheyenne couple’s home last fall, causing at least $30,000 damage. Now State Farm Insurance is ...
The insurer, a subsidiary of State Farm Mutual Automobile Insurance Co. of Bloomington, Ill., said it has already received at least 8,700 claims and paid more than $1 billion to customers.
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