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State Farm's emergency California rate hike denied

Insurance commissioner rejects State Farm’s request for 22% emergency rate hike

Insurance Commissioner Ricardo Lara on Monday rejected State Farm General's request for an emergency 22% home insurance rate hike due to the Los Angeles fires unless the insurer can provide more evidence it is warranted.

Hosted on MSN · 4h

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.

Times of San Diego on MSN · 7h

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.

Repairer Driven News1d

State Farm expands calibration pilot with Opus to four new states

State Farm communicated details in an email on Tuesday announcing the expansion of their calibration pilot, based on an ...

8don MSN

State Farm Was All In on California—Until It Pulled the Plug Before the Fires

The insurer aggressively grew in Los Angeles, despite getting overweight on fire risk, but decided to cut thousands of ...

CA Insurance Commissioner rejects State Farm’s emergency 22% rate hike request – for now

State Farm wants CA's Insurance Commissioner to approve an emergency 22% increase on homeowners insurance. The commissioner says no, for now. He needs more info.

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State Farm's emergency California rate hike denied

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