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 ...
State's insurance commission denies State Farm's rate increase request
California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now.
Hosted on MSN6h
State Farm's emergency rate hike rejected by insurance commissioner
After State Farm, California's largest insurer, filed a request for an emergency 22% rate hike for homeowner policies, ...
Los Angeles Magazine6h
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 ...
Santa Rosa Press Democrat7h
Big homeowner rate hike from State Farm shot down by California regulator
In the wake of the Los Angeles fires, State Farm asked for an "emergency" premium increase of 22% on average for California homeowners. Lara today denied the request pending more information.
Insurancenewsnet.com14h
State Farm must wait on emergency home insurance rate increase bid after California wildfires
Insurance Commissioner Ricardo Lara said State Farm must answer more questions about its finances before the company can be approved for an emergency rate increase in response to the devastating fires ...