California's insurance chief rejects State Farm's 'emergency' rate hike, setting stage for a crucial industry showdown.
California Insurance Commissioner Ricardo Lara on Friday refused to grant State Farm’s request for an average 22% emergency ...
Recent LA wildfires test Insurance Commissioner Lara's new premium calculation system amid industry pressures.
State Farm wrote in a letter on Monday that the recent fires in Los Angeles threaten its finances and are “the costliest in ...
"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an insurance company can pay for any future claims for the risks it insures ...
State Farm has not met its burden," Lara wrote in response to the request.Lara requested that the insurance company answer to a few key issues:Financial stability: Why has the company’s ...
Jake from State Farm is looking for the exit, but the popular pitchman has unwittingly landed in the sterile bowels of Lumon ...
State Farm came under fire for seeking a 22 percent rate hike, with a 38 percent increase for renters, after the California wildfires.
The company has a large network of local agents to assist with policy management. State Farm started by providing auto insurance to farmers in 1922 — now it’s one of the biggest car insurance ...
Consumer Watchdog has submitted two letters to Insurance Commissioner Ricardo Lara objecting to State Farm's request for an emergency interim rate increase, citing a lack of justification and an ...
Bundling your State Farm life insurance with an auto, life or homeowners policy could save you up to 17%, according to the company. State Farm is praised for its stellar customer satisfaction ...
"The costs of the January 2025 wildfires will further deplete capital from State Farm General. Capital is necessary so an insurance company can pay for any future claims for the risks it insures ...