Insurance Commissioner Ricardo Lara on Friday rejected State Farm General's request for an emergency 22% home insurance rate ...
In a letter to the insurer, Lara said under Proposition 103, State Farm has the burden of explaining why the rate hike is ...
Being customer-centered is one of Rural Mutual’s long-standing core values. In fact, the company recently earned the AM Best ...
The Board of Directors for Rural Mutual Insurance Company declared a 5% dividend on all eligible farm policies for 2024 farm policyholders. The announcement marks the ninth year in a row a Farm ...
California Insurance Commissioner Ricardo Lara rejected State Farm’s “emergency” premium increase of 22% on average for ...
California Insurance Commissioner Ricardo Lara has rejected State Farm General’s request for a rate hike averaging 22% due to ...
The company requested immediate approval of interim rate increases effective May 1, amounting to 22% for homeowners, 15% for ...
California Insurance Commissioner Ricardo Lara (pictured above) has said that State Farm General Insurance Co. has not provided sufficient evidence to justify emergency property rate hikes ranging ...
State Insurance Commish Ricardo Lara has turned down a request by State Farm General to raise home insurance rates by an ...
State Farm General is the subsidiary of State Farm Mutual Automobile Insurance Company that operates in California. The subsidiary is the state’s largest provider of fire insurance, with more than 2.8 ...
State Farm General requested a 22% emergency rate hike in California on Monday, Feb. 3 to cover losses from the Los Angeles ...
LA Times on MSN17d
State Farm seeks emergency rate increase averaging 22% after L.A. firesThe insurer, a subsidiary of State Farm Mutual Automobile Insurance Co. of Bloomington, Ill., said the company has already received at least 8,700 claims and paid more than $1 billion to customers. It ...
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