In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
Commissioner Ricardo Lara scheduled a meeting with State Farm to hear their justification for the rate increase.
State Farm submitted a request for an emergency interim rate, which would have increased costs by 22% for some homeowners.
In the wake of the Los Angeles wildfires, State Farm asked for an “emergency” premium increase of 22% on average for ...
After massive payouts from L.A. fires, California's largest insurer faces tough questions about its 22% premium increase ...
Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that ...