State Farm wanted to hike California home insurances rates 22% but the state insurance commissioner blocked the plans ...

Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.

In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...

The California insurance commissioner on Friday rejected State Farm's request for a temporary 22% rate hike for homeowner ...

California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light of SoCal wildfires ...

California property and casualty insurers may recover up to half of the $1 billion California FAIR PLAN assessment through a ...

In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will ...

As of February 5, 2025, $6.94 billion has been paid out to insurance policyholders in Southern California for residential and ...

California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...

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.

California Insurance Commissioner Ricardo Lara has requested $1 billion in additional funds from the commission's member ...