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Big homeowner rate hike from State Farm shot down by California regulator
After the Los Angeles fires, State Farm asked for an “emergency” premium increase of 22% on average for California homeowners ...
Insurance commissioner Lara Seeks meeting with State Farm on rate request
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
State's insurance commission denies State Farm's rate increase request
California’s insurance commission has turned down State Farm’s request to increase its rates, at least for now. Commissioner Ricardo Lara sent a letter to the insurance provider on Friday stating that ...
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.
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.