It grew into the state’s largest home insurer by writing policies with low premiums and inadequate reserves for the risks it ...
With Lara expected to issue a decision on State Farm’s request imminently, homeowners, insurers, and policymakers are bracing ...
State Farm executives said at the meeting that it needs a 22% emergency rate hike in California to cover more than $7.9 ...
WOULDN’T WANNA BE YA: Insurance Commissioner Ricardo Lara is about to have to bite the bullet. After first hitting pause on ...
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LAist on MSNClimate politics and insurance intertwine, giving California official a no-win choice on State FarmFor Insurance Commissioner Ricardo Lara, approving an emergency 22% rate hike request by State Farm would raise bills for ...
A State Farm executive was fired over an undercover video of comments he made about the insurer's California rate hike ...
In August 2024, Lara granted Consumer Watchdog eligibility to seek compensation but only for two years, saying the ...
The storm expected to hit Southern California on Wednesday could wreak havoc in those same areas devastated by wildfires in January.
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amount to $600 per household, or run the risk that California’s largest insurer ...
As insurance companies scale back operations, reduce coverage, or raise premiums, many Californians are searching for answers ...
The efficacy of price controls on California's insurance industry that keep premiums artificially low is in question after ...
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