In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is needed now — which he says the company has “not met.” ...

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

In the wake of the Los Angeles wildfires, State Farm asked for an “emergency” premium increase of 22% on average for ...

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

State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.

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 rejected State Farm General’s request for a rate hike averaging 22% due to the company’s “dire” ...

Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...

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 ...

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 ...