Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
California Insurance Commissioner Ricardo Lara recently rejected State Farm’s request for “emergency” rate increases, setting ...
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The state’s insurance commissioner blocked a State Farm request to raise rates as wildfire insurance claims continue to roll in.
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
State Farm pointed out that over the last nine years, the lack of alignment between price and risk means that for every $1 ...
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Insurance Commissioner ... the insurance market in the state.” State Farm, which has long been California’s largest home insurer, received more than 8,700 claims related to the Los Angeles ...
State Farm responded by saying that it “must seriously consider its options within the California insurance market going ...
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