State Farm General requested a 22% emergency rate hike in California to cover losses from the Los Angeles County wildfires ...
Ricardo Lara said he will look at information provided by State Farm before revisiting his previous decision to reject the ...
Earlier this month, State Farm — the state’s largest home insurance provider — asked the California Department of Insurance ...
Insurance Commissioner Ricardo Lara had asked for the meeting in which he and Consumer Watchdog will sit down with State Farm ...
State Farm executives made it clear that if the California Department of Insurance does not approve the increases, the ...
State Farm has given Insurance Commissioner Ricardo Lara a stark choice: approve a rate increase consumer advocates say amounts to $600 per household, or run the risk that California’s largest insurer ...
As insurance companies scale back operations, reduce coverage, or raise premiums, many Californians are searching for answers ...
It wants to bypass the rate hearing that would normally be required, saying it has been waiting for the Insurance Department to approve rate increases it requested last year, and that payouts from the ...
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