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 ...
California Insurance Commissioner Ricardo Lara on Friday rejected State Farm’s request for “emergency” rate increases that ...
California's home insurance plan of last resort, designed for people who can't get coverage on the private market, does not have enough money to pay claims from the Los Angeles wildfires and is ...
How they’ll navigate rebuilding is a story of contrasting fortunes that reveals the nation’s growing home insurance crisis.
The head of Consumer Watchdog argued the company is "detouring the rules that protect state consumers from insurance price ...
"SFG needs your urgent assistance in the form of emergency interim approval of additional rate to help avert a dire situation ...
California’s insurance authority has launched an online tracking tool that shows how much money has been paid out in claims ...