California Insurance Commissioner Ricardo Lara wants the prospective rate hike discussed at a public hearing in April before ...
(Bloomberg) -- California Insurance Commissioner Ricardo Lara said he plans to approve a 22% emergency rate increase for State Farm policyholders, pending a public hearing next month, in a move aimed ...
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State Farm Can Hike Rates on California Homeowners - If It Pauses Cancellations and Proves NeedCalifornia Insurance Commissioner Ricardo Lara said today he will grant State Farm's request to raise home insurance premiums ...
State Farm can raise homeowners, renters, condo, and landlord policy insurance rates in California — at least until April 8, when the state’s largest property insurer must prove in a ...
The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
Lara’s conditions are that State Farm, the state’s biggest provider of homeowners insurance, commit to pause canceling and ...
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