Insurance commissioner rejects State Farm's request for 22% emergency rate hike
California's insurance commissioner turned down a request by State Farm General for an emergency 22% hike of its home insurance rates due to the Los Angeles wildfires, saying the increase wasn't warranted.
State Farm seeks emergency rate increase averaging 22% after L.A. fires
State Farm General asked Monday for an emergency rate increase averaging 22%, saying the Los Angeles County fires have put California's largest insurer in dire financial straits.
State Farm asks for emergency 22% increase for California premiums, but critics cry foul
Citing what it calls a potentially “dire situation,” State Farm asked California for permission to hike insurance rates by an average of 22%.
State Farm asks for 'emergency' 22% homeowners' insurance rate hike in wake of LA wildfires
You could face a 22% rate hike if State Farm covers your home. The company sent a letter to the California Dept. of Insurance Monday warning of its "dire" financial situation in the wake of the Los Angeles County wildfires - requesting an "emergency" rate hike.
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” financial situation after the deadly and destructive L.
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.
Big Homeowner Rate Hike From State Farm Shot Down by California Regulator
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that would have averaged 22% for homeowners.
State Farm's request for 22% rate hike raises 'serious questions,' state commissioner says
After 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 increase.
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