The California Department of Insurance has been under pressure to stabilize the market, introducing new rules that allow ...
Calif. Insurance Commissioner Ricardo Lara also called on State Farm to halt non-renewals of homeowner coverage policies.
Asking for an unnecessary bailout to the tune of millions of dollars from California homeowners will be my tipping point as a ...
It’s unclear how much premiums could go up in the Bay Area or which parts of the region would see the largest rate hikes.
If State Farm is successful at proving its need for rate hikes at next month’s hearing, its interim rates will climb on June ...
Insurance Commissioner Ricardo Lara said Friday he will approve State Farm’s request for an emergency rate increase, but only if the company’s California arm can justify its need for it at a public ...
State Farm made its request following years of losses and huge damage claims it has received following the Jan. 7 fires.
California regulators have given State Farm General initial approval for a major home insurance rate hike later this year — ...
State Farm is the largest insurance company in the country and it offers many coverage options from auto and home insurance ...