California Insurance Commissioner Ricardo Lara “provisionally” approved State Farm General’s request for an emergency 22% increase in its homeowners insurance rate Friday — but only if the company can ...
Insurance Commissioner Ricardo Lara is weighing an emergency 22% rate hike request by State Farm, the state’s largest insurer, following the Los Angeles fires. After first hitting pause on the request ...
On Friday, California insurance commissioner Ricardo Lara rejected State Farm’s request for “emergency” rate increases, going against the recommendation of his staff experts. The request from State ...
Residential policyholders across California could be paying several hundred million dollars to help cover the costs of claims ...
LOS ANGELES, March 7, 2025 /PRNewswire/ -- Consumer Watchdog wrote a letter to California Insurance Commissioner Ricardo Lara with new information showing why State Farm should not be granted an ...
Insurance Commissioner Ricardo Lara is weighing an emergency 22% rate hike request by State Farm, the state’s largest insurer, following the Los Angeles fires. After first hitting pause on the request ...
After State Farm, California’s largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara on Friday requested a meeting with the ...
OFFICE IS RESPONDING RIGHT NOW. IS YOUR OFFICE DOING IN RESPONSE TO WHAT STATE FARM ULTIMATELY DID JUST A COUPLE OF WEEKS AGO TO CALIFORNIA INSURANCE? YEAH. WELL, FIRST OF ALL, I WOULD SAY THE MOST ...