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.
California regulators reject — for now — State Farm’s emergency rate hike request
California insurance regulators are demanding that State Farm answer “critical questions about its financial condition” in ...
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 ...
California Insurance Commissioner demands more answers from State Farm on proposed rate hike
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
Big homeowner rate hike from State Farm shot down by California regulator
State Farm wanted to hike California home insurances rates 22% but the state insurance commissioner blocked the plans ...
Climate impacts raising the costs of home insurance in RI. Here's why.
Experts testify to legislators that insurers are pulling out of coastal areas in RI and raising costs because of risks ...
State Farm must wait on emergency home insurance rate increase bid after California wildfires
Executives for State Farm General Insurance Company, the firm’s California arm, asked Lara for a 22% price increase on Feb. 3. They told the commissioner their business “needs your urgent assistance ...
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” ...
Artemis16h
Insurance claims paid so far after LA wildfires exceed $6.9bn
According to the California Department of Insurance, the insurance industry has paid $6.94 billion in residential and ...
State Farm’s emergency California rate hike denied as insurance official demands proof of need
In a rebuke to the state’s largest insurance company, California Insurance Commissioner Ricardo Lara announced Friday he will not grant State Farm General’s request for an emergency rate hike in the ...