In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
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State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
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KNX News Radio Los Angeles on MSNState Farm's request for 22% rate hike raises 'serious questions,' state commissioner saysAfter 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 ...
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 ...
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
The wildfires levied significant long-term damage, with thousands of homes destroyed, billions in damages and a worsening of ...
Insurance Commissioner Ricardo Lara announced today he would let home insurance companies charge every homeowner in the state for losses by the FAIR Plan in the Los Angeles fires.
Zach LaVine chats with reporters about the Kings 123-118 win over the Pelicans, getting his first win in a Sacramento uniform since coming over from Chicago in a three-team trade, getting the chance ...
Consumer Watchdog has submitted two letters to Insurance Commissioner Ricardo Lara objecting to State Farm's request for an emergency interim rate increase, citing a lack of justification and an ...
State Farm seeks urgent insurance rate increases, citing financial strain from LA fires and market challenges.
Two neighbors face contrasting fortunes in rebuilding after a wildfire, highlighting California's growing home insurance crisis.
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