Insurance commissioner Lara Seeks meeting with State Farm on rate request
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
California Insurance Commissioner asks State Farm to justify 22% insurance rate increase
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
Big Homeowner Rate Hike from State Farm Shot Down by CA Regulator
In the wake of the Los Angeles wildfires, State Farm asked for an “emergency” premium increase of 22% on average for ...
Insurance commissioner rejects State Farm's request for 22% emergency rate hike
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
Los Angeles Magazine on MSN4h
State Farm's "Emergency" Rate Hike Gets Cold Shoulder From Insurance Commissioner
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
State Farm’s request for emergency California rate hike has been denied
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...
CA Insurance Commissioner rejects State Farm’s emergency 22% rate hike request – for now
State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.
Insurance Commissioner rejects State Farm’s emergency rate hike request, calls for meeting with company reps
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...
KNX News Radio Los Angeles on MSN3h
State Farm's request for 22% rate hike raises 'serious questions,' state commissioner says
After State Farm filed a request for a 22% rate hike for homeowner policies, Insurance Commissioner Ricardo Lara requested a meeting with the company so they can explain their need for such an ...
FAIR Plan to assess insurers $1 billion for L.A. fires; consumers may be on the hook for nearly half
The California FAIR Plan, the state's insurer of last resort, has received approval to assess its member carriers $1 billion to help pay its L.A. fire losses -- with consumers possibly on hook for ...