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 ...
California homeowners will pay temporary fees to help pay for wildfire insurance claims
California Insurance Commissioner approves $1 billion assessment to the FAIR Plan, the state's insurance safety net in light ...
California fire insurer of last resort to be bailed out by assessments on other insurers
California's state-supervised fire insurance provider of last resort received approval to levy a $1 billion assessment on ...
Santa Rosa Press Democrat2d
California homeowners to face new fees to keep fallback insurance plan solvent
After saying it would run out of funds by March, California’s last-resort fire insurance provider will impose a special ...
Bay Area homeowners likely to pay for California FAIR Plan insurance bailout
Bay Area homeowners likely will be on the hook for a share of a massive bailout of California’s insurer of last resort after ...
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 ...